LONG, J. S.

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 274241District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Mar 2014 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
147
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 Gas112015-02-23215025
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
CondensateDisposition5,065 bbl$292,599
GasProduction1,381,686 Mcf$4,796,578
Total$5,089,177

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 27.9412, -99.5688. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.94122, -99.56877 · 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
5,410 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 5,410 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-4794269810H5,410 ftDec 2014

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 (147)

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

147 months

May 202603,102106.413.05$9,448
Apr 202603,03498.932.87$8,707
Mar 202602,92889.753.15$9,222
Feb 2026232,81363.503.75$12,010
Jan 202603,09059.138.00$24,714
Dec 202503,24756.664.41$14,330
Nov 202502,71358.593.93$10,652
Oct 202503,09359.383.30$10,222
Sep 202503,20362.743.08$9,855
Aug 2025153,30963.933.01$10,935
Jul 202503,21166.743.32$10,645
Jun 202503,19966.483.13$10,009
May 202503,44060.553.23$11,119
Apr 2025233,32462.363.54$13,212
Mar 202503,53267.704.27$15,076
Feb 202503,36570.884.34$14,607
Jan 202503,68174.324.28$15,750
Dec 2024283,34868.993.12$12,382
Nov 202403,94969.052.20$8,682
Oct 202404,21771.372.28$9,621
Sep 202404,53169.612.36$10,713
Aug 202406,49575.632.06$13,403
Jul 2024382,72879.932.15$8,893
Jun 202401,38978.082.63$3,659
May 2024036978.812.20$811
Apr 202401,94684.451.66$3,229
Mar 202401,88180.301.55$2,906
Feb 202402,12376.091.78$3,787
Jan 202401,46173.023.30$4,818
Dec 2023383,54271.262.61$11,955
Nov 202303,58477.892.81$10,062
Oct 202303,76585.443.09$11,624
Sep 202303,48689.042.74$9,534
Aug 202303,53380.522.67$9,443
Jul 202303,61774.852.64$9,555
Jun 202303,62168.962.26$8,178
May 202303,49070.622.23$7,774
Apr 2023443,81778.122.24$11,979
Mar 202304,07572.852.39$9,752
Feb 202303,05075.112.47$7,520
Jan 2023244,08276.533.39$15,665
Dec 202204,16876.415.73$23,879
Nov 202224,01085.005.65$22,811
Oct 202203,75387.185.86$22,007
Sep 202203,96884.888.16$32,393
Aug 2022133,88294.529.13$36,660
Jul 2022104,217101.587.54$32,821
Jun 202204,072115.097.98$32,483
May 2022164,299109.378.43$38,004
Apr 2022113,944104.226.84$28,114
Mar 2022204,042108.885.08$22,696
Feb 202203,58991.054.86$17,438
Jan 2022454,45481.844.54$23,894
Dec 202104,56471.323.90$17,796
Nov 202103,72377.435.24$19,497
Oct 202103,99279.795.71$22,810
Sep 202104,63269.865.35$24,785
Aug 202104,83966.024.22$20,423
Jul 2021295,02870.783.98$22,075
Jun 202104,42369.493.38$14,952
May 2021334,70363.483.02$16,287
Apr 202105,16960.362.76$14,258
Mar 202104,04861.302.72$10,998
Feb 202104,12057.805.55$22,858
Jan 202105,16850.412.81$14,523
Dec 2020235,33144.642.68$15,290
Nov 202004,29438.772.71$11,622
Oct 202044,21236.972.48$10,587
Sep 202005,24437.091.99$10,441
Aug 2020195,55639.982.39$14,011
Jul 2020115,66138.371.83$10,754
Jun 202005,53434.901.69$9,354
May 202005,85016.921.81$10,616
Apr 2020425,71714.751.80$10,935
Mar 202005,85430.341.86$10,866
Feb 2020215,62049.881.98$12,179
Jan 202006,00057.252.09$12,568
Dec 2019886,08259.012.30$19,208
Nov 201906,06155.302.75$16,672
Oct 201906,35753.472.42$15,375
Sep 201906,15955.052.66$16,366
Aug 201906,45753.112.30$14,879
Jul 2019196,57456.272.46$17,242
Jun 2019216,40752.782.49$17,070
May 201906,48258.482.74$17,763
Apr 2019246,29162.632.75$18,808
Mar 2019196,84856.803.06$22,048
Feb 201986,21550.852.79$17,760
Jan 201906,65746.033.23$21,490
Dec 2018607,21946.594.19$33,010
Nov 201807,19852.934.24$30,500
Oct 201807,57661.443.40$25,744
Sep 201807,52459.543.11$23,385
Aug 2018418,00859.403.07$26,992
Jul 201807,89765.142.93$23,153
Jun 2018437,35060.183.08$25,203
May 2018127,93365.382.90$23,797
Apr 2018608,02763.842.90$27,115
Mar 2018178,60261.222.79$25,013
Feb 2018227,48661.782.77$22,066
Jan 2018408,84662.874.01$37,981
Dec 2017429,01457.272.92$28,740
Nov 2017139,12755.423.12$29,182
Oct 2017109,68149.292.98$29,378
Sep 2017910,05247.523.09$31,461
Aug 20172110,36145.373.00$32,081
Jul 20171810,31843.873.09$32,644
Jun 20171510,54642.493.09$33,196
May 20174911,23045.373.26$38,871
Apr 2017449,94847.933.21$34,058
Mar 2017959,83846.772.98$33,797
Feb 2017998,91550.452.95$31,317
Jan 20177010,05349.413.42$37,828
Dec 2016589,96448.763.72$39,922
Nov 20164111,25142.492.64$31,494
Oct 20166312,79946.193.09$42,462
Sep 20167112,10641.553.10$40,486
Aug 20165412,24841.442.92$38,055
Jul 20161711,83041.622.92$35,302
Jun 20163912,47545.352.69$35,274
May 20169013,74542.521.99$31,194
Apr 20167812,72436.561.99$28,186
Mar 201613314,32333.011.79$30,086
Feb 201613713,81926.472.06$32,144
Jan 201613715,08227.352.36$39,406
Dec 201518215,80632.362.00$37,524
Nov 20159514,19938.792.17$34,459
Oct 20159715,93443.552.43$42,889
Sep 201516417,06942.992.76$54,134
Aug 201514318,27340.162.87$58,232
Jul 201517219,15348.152.95$64,689
Jun 20155919,17456.152.88$58,589
May 20157620,87955.212.96$65,903
Apr 20157320,52849.822.71$59,197
Mar 20156022,52042.892.93$68,663
Feb 20158121,62144.662.98$67,966
Jan 201514825,84943.433.10$86,576
Dec 201411626,03254.693.59$99,834
Nov 20149528,31770.464.25$127,093
Oct 201413931,55178.303.90$133,963
Sep 201414833,47886.164.05$148,185
Aug 201421438,38589.394.04$174,018
Jul 201414042,44296.564.18$190,909
Jun 20147447,67098.164.74$233,071
May 201414355,75894.734.73$277,090
Apr 201416357,61095.944.81$292,692
Mar 20147447,67095.895.06$248,154

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                3,102 Mcf  × $  3.05 =     $9,448

────────────────────────────────────────────────────
Month total                                   $9,448

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/274241 is the state's own key, not one this site invented.