SALINAS, JUAN

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268950District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Oct 2011 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
176
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112013-09-12211066
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition6,913 bbl$564,471
GasProduction1,420,057 Mcf$4,689,850
Total$5,254,321

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.9945, -99.3653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99451, -99.36528 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,238 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,238 ft.

Completions filed
Oct 2011
1 of 1 wells

1 well

42-479413543H6,238 ftOct 2011

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (176)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

176 months

May 202602,331106.413.05$7,100
Apr 202603,37098.932.87$9,671
Mar 202603,60889.753.15$11,363
Feb 202603,67463.503.75$13,779
Jan 202603,64159.138.00$29,120
Dec 202505,01956.664.41$22,151
Nov 202501,36858.593.93$5,371
Oct 202501,74659.383.30$5,770
Sep 202502,88862.743.08$8,886
Aug 202503463.933.01$103
Jul 202501,52166.743.32$5,042
Jun 202502,77666.483.13$8,685
May 202502,85960.553.23$9,241
Apr 202503,33562.363.54$11,816
Mar 202502,83467.704.27$12,096
Feb 202502,49170.884.34$10,813
Jan 202504,66974.324.28$19,977
Dec 202401,13868.993.12$3,552
Nov 202406,50569.052.20$14,301
Oct 20244765471.372.28$4,846
Sep 20240069.612.36$0
Aug 202401,03175.632.06$2,128
Jul 20240079.932.15$0
Jun 202401,69978.082.63$4,475
May 202402,83878.812.20$6,239
Apr 2024086284.451.66$1,430
Mar 202405480.301.55$83
Feb 202402,65776.091.78$4,739
Jan 202402,68273.023.30$8,844
Dec 202303,01471.262.61$7,869
Nov 202302,50177.892.81$7,022
Oct 202332,97785.443.09$9,447
Sep 202382,55489.042.74$7,698
Aug 202303,03480.522.67$8,110
Jul 202302,68574.852.64$7,093
Jun 202302,65768.962.26$6,001
May 202303,03370.622.23$6,756
Apr 202302,63878.122.24$5,903
Mar 2023442,74872.852.39$9,782
Feb 202302,65475.112.47$6,544
Jan 202303,19176.533.39$10,810
Dec 202203,43976.415.73$19,702
Nov 202202,97185.005.65$16,775
Oct 202203,03487.185.86$17,791
Sep 202203,06384.888.16$25,005
Aug 202202,61294.529.13$23,840
Jul 2022183,128101.587.54$25,420
Jun 202203,443115.097.98$27,466
May 202203,879109.378.43$32,712
Apr 2022403,108104.226.84$25,420
Mar 202203,424108.885.08$17,382
Feb 202202,75091.054.86$13,362
Jan 202202,99181.844.54$13,572
Dec 202103,40771.323.90$13,284
Nov 202102,61577.435.24$13,694
Oct 202102,83279.795.71$16,182
Sep 2021393,06969.865.35$19,147
Aug 202103,33466.024.22$14,071
Jul 202103,32370.783.98$13,232
Jun 202103,38869.493.38$11,454
May 202103,51763.483.02$10,613
Apr 202103,48760.362.76$9,619
Mar 2021363,91161.302.72$12,833
Feb 202103,33457.805.55$18,497
Jan 202103,74850.412.81$10,533
Dec 2020433,91644.642.68$12,397
Nov 202003,71738.772.71$10,060
Oct 202004,25836.972.48$10,553
Sep 202004,22537.091.99$8,412
Aug 202004,41839.982.39$10,537
Jul 2020483,96138.371.83$9,071
Jun 2020574,21934.901.69$9,121
May 202004,30516.921.81$7,813
Apr 202004,07714.751.80$7,356
Mar 2020714,03130.341.86$9,637
Feb 202004,27449.881.98$8,465
Jan 202004,47557.252.09$9,374
Dec 201904,47859.012.30$10,319
Nov 201904,40555.302.75$12,117
Oct 201904,71553.472.42$11,403
Sep 2019484,27055.052.66$13,989
Aug 201904,72553.112.30$10,888
Jul 201905,06856.272.46$12,468
Jun 201904,40752.782.49$10,979
May 201905,04858.482.74$13,833
Apr 2019345,36062.632.75$16,873
Mar 20191255,12656.803.06$22,796
Feb 201914,21150.852.79$11,809
Jan 201915,40946.033.23$17,507
Dec 201815,10446.594.19$21,409
Nov 201814,71952.934.24$20,048
Oct 201814,50561.443.40$15,370
Sep 201814,57859.543.11$14,288
Aug 201815,19659.403.07$15,993
Jul 2018394,78565.142.93$16,570
Jun 2018294,71560.183.08$16,253
May 201825,10365.382.90$14,934
Apr 20181335,11763.842.90$23,334
Mar 201815,50761.222.79$15,408
Feb 201814,69061.782.77$13,035
Jan 201815,32862.874.01$21,425
Dec 201704,83857.272.92$14,134
Nov 201715,30055.423.12$16,583
Oct 2017734,63249.292.98$17,419
Sep 201705,24947.523.09$16,205
Aug 201725,40945.373.00$16,342
Jul 201715,59643.873.09$17,320
Jun 2017655,64942.493.09$20,202
May 201715,10445.373.26$16,702
Apr 201715,36047.933.21$17,262
Mar 2017356,03546.772.98$19,643
Feb 2017305,36650.452.95$17,357
Jan 20171236,20249.413.42$27,281
Dec 201616,28148.763.72$23,432
Nov 201616,40142.492.64$16,969
Oct 201616,68446.193.09$20,701
Sep 201616,24241.553.10$19,396
Aug 20161166,39541.442.92$23,508
Jul 201616,55641.622.92$19,214
Jun 201605,64045.352.69$15,148
May 201606,87742.521.99$13,692
Apr 201615,83836.561.99$11,660
Mar 2016214,72833.011.79$9,175
Feb 201603,81826.472.06$7,879
Jan 2016467,00327.352.36$17,816
Dec 2015747,67532.362.00$17,755
Nov 201517,45138.792.17$16,188
Oct 2015567,71743.552.43$21,165
Sep 2015447,78142.992.76$23,355
Aug 201518,24940.162.87$23,735
Jul 2015618,46748.152.95$27,873
Jun 2015697,56556.152.88$25,683
May 201518,43055.212.96$24,970
Apr 2015628,34749.822.71$25,681
Mar 201518,62742.892.93$25,361
Feb 2015348,09844.662.98$25,620
Jan 2015829,17343.433.10$32,003
Dec 2014569,73254.693.59$38,014
Nov 20143910,64470.464.25$48,005
Oct 20145111,52178.303.90$48,936
Sep 2014423,46086.164.05$17,616
Aug 2014279,65689.394.04$41,377
Jul 2014649,70796.564.18$46,751
Jun 20144410,05398.164.74$51,939
May 201411811,20494.734.73$64,135
Apr 2014211,00195.944.81$53,097
Mar 20147211,78995.895.06$66,519
Feb 2014689,81997.406.19$67,422
Jan 20145512,77890.404.86$67,082
Dec 201310612,11591.824.35$62,487
Nov 2013212,74988.853.74$47,837
Oct 201315914,45397.423.78$70,113
Sep 201313313,440104.113.72$63,813
Aug 2013214,923104.253.52$52,776
Jul 201310315,170102.523.72$66,958
Jun 201310214,91794.403.93$68,303
May 2013316,97294.834.15$70,703
Apr 201313216,73193.964.28$84,055
Mar 201313418,70293.623.91$85,724
Feb 2013417,07191.233.42$58,746
Jan 201318319,98391.603.42$85,103
Dec 20128420,74286.773.42$78,230
Nov 201217820,74186.953.62$90,662
Oct 201216122,91989.383.40$92,307
Sep 20123523,33794.672.92$71,420
Aug 201217025,54492.662.91$90,038
Jul 201226626,81085.133.02$103,632
Jun 201219124,70279.822.52$77,471
May 201219832,71991.612.49$99,554
Apr 201223233,589101.652.00$90,653
Mar 201223439,555105.052.22$112,476
Feb 201214634,958101.102.57$104,611
Jan 201230447,36798.092.73$159,325
Dec 201137953,55896.873.24$210,228
Nov 201138160,91595.723.31$238,176
Oct 201137263,00684.983.65$261,492

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,331 Mcf  × $  3.05 =     $7,100

────────────────────────────────────────────────────
Month total                                   $7,100

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/268950 is the state's own key, not one this site invented.