BFMT WEST

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 275300District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$199 k
at the published price for each month
Months reported
143
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 Gas112015-12-10217624
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
CondensateDisposition2,809 bbl$160,810
GasProduction1,701,482 Mcf$5,525,595
Total$5,686,405

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 27.7488, -99.6864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.74880, -99.68642 · 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
4,869 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 4,869 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-479428502H4,869 ftJul 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 (143)

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

143 months

May 202604,896106.413.05$14,912
Apr 2026283,37198.932.87$12,444
Mar 202602,62189.753.15$8,255
Feb 202604,15263.503.75$15,571
Jan 202604,41459.138.00$35,303
Dec 202504,72656.664.41$20,858
Nov 202504,82658.593.93$18,949
Oct 202504,88259.383.30$16,134
Sep 202504,28262.743.08$13,175
Aug 202504,16363.933.01$12,550
Jul 202505,09866.743.32$16,901
Jun 202504,38366.483.13$13,713
May 202505,16460.553.23$16,692
Apr 202504,91262.363.54$17,404
Mar 2025444,76067.704.27$23,296
Feb 202504,88470.884.34$21,201
Jan 202504,11474.324.28$17,602
Dec 202403,25668.993.12$10,163
Nov 202404,09369.052.20$8,998
Oct 202405,21771.372.28$11,902
Sep 202404,77469.612.36$11,287
Aug 202404,72875.632.06$9,757
Jul 202404,51879.932.15$9,698
Jun 2024104,61578.082.63$12,937
May 202402,49978.812.20$5,494
Apr 2024141,03284.451.66$2,895
Mar 202404,75080.301.55$7,339
Feb 202404,63076.091.78$8,258
Jan 2024373,96573.023.30$15,777
Dec 202305,44471.262.61$14,213
Nov 202304,54077.892.81$12,746
Oct 202305,14085.443.09$15,869
Sep 202315,16589.042.74$14,216
Aug 202305,36780.522.67$14,345
Jul 2023475,02974.852.64$16,804
Jun 202304,75868.962.26$10,746
May 202304,81770.622.23$10,729
Apr 2023624,69578.122.24$15,350
Mar 202305,15072.852.39$12,325
Feb 202304,73975.112.47$11,685
Jan 202305,63876.533.39$19,100
Dec 202204,64776.415.73$26,623
Nov 202205,56385.005.65$31,410
Oct 2022105,86687.185.86$35,269
Sep 202205,81784.888.16$47,488
Aug 202216,04294.529.13$55,241
Jul 202276,250101.587.54$47,849
Jun 2022146,134115.097.98$50,543
May 202236,451109.378.43$54,730
Apr 2022106,403104.226.84$44,823
Mar 202206,670108.885.08$33,860
Feb 202205,14891.054.86$25,013
Jan 2022506,58781.844.54$33,982
Dec 202107,12971.323.90$27,797
Nov 2021226,46077.435.24$35,534
Oct 202107,81279.795.71$44,637
Sep 202106,67769.865.35$35,728
Aug 202185,55066.024.22$23,952
Jul 202103,22570.783.98$12,842
Jun 202106,78669.493.38$22,941
May 202106,30963.483.02$19,038
Apr 2021125,66060.362.76$16,337
Mar 2021347,15961.302.72$21,535
Feb 202106,59857.805.55$36,605
Jan 202107,34750.412.81$20,647
Dec 202007,50644.642.68$20,082
Nov 202007,24838.772.71$19,617
Oct 202007,67636.972.48$19,024
Sep 202007,54937.091.99$15,030
Aug 2020117,53939.982.39$18,421
Jul 202008,01938.371.83$14,636
Jun 2020217,91634.901.69$14,113
May 202008,36916.921.81$15,188
Apr 2020227,60914.751.80$14,054
Mar 202007,82630.341.86$14,527
Feb 202008,01349.881.98$15,871
Jan 202008,68657.252.09$18,195
Dec 2019818,84059.012.30$25,150
Nov 201908,71355.302.75$23,967
Oct 201909,20253.472.42$22,255
Sep 201908,79855.052.66$23,379
Aug 201909,45453.112.30$21,785
Jul 201909,58956.272.46$23,590
Jun 201909,71152.782.49$24,192
May 2019010,46258.482.74$28,669
Apr 20194010,07962.632.75$30,230
Mar 201908,99856.803.06$27,553
Feb 201908,89650.852.79$24,840
Jan 201909,01746.033.23$29,109
Dec 2018648,46546.594.19$38,412
Nov 201808,97852.934.24$38,042
Oct 201818,99061.443.40$30,610
Sep 2018010,33759.543.11$32,127
Aug 2018111,16059.403.07$34,282
Jul 2018011,82965.142.93$34,681
Jun 2018111,08160.183.08$34,156
May 2018011,61365.382.90$33,687
Apr 2018013,05563.842.90$37,870
Mar 2018913,10261.222.79$37,064
Feb 20181510,39761.782.77$29,686
Jan 2018010,46962.874.01$41,974
Dec 201707,70257.272.92$22,502
Nov 2017010,23355.423.12$31,910
Oct 2017011,02849.292.98$32,904
Sep 2017010,20147.523.09$31,493
Aug 20171110,25645.373.00$31,312
Jul 2017211,31143.873.09$35,008
Jun 2017011,91642.493.09$36,788
May 20174313,52745.373.26$46,095
Apr 20171612,82347.933.21$41,949
Mar 2017013,58746.772.98$40,539
Feb 20173810,43050.452.95$32,713
Jan 2017011,32949.413.42$38,732
Dec 2016014,97548.763.72$55,749
Nov 20161211,13742.492.64$29,960
Oct 20162115,58146.193.09$49,119
Sep 20161213,86241.553.10$43,480
Aug 20161815,87741.442.92$47,176
Jul 20163216,50641.622.92$49,601
Jun 20166215,05145.352.69$43,236
May 2016019,90142.521.99$39,624
Apr 20163619,99536.561.99$41,127
Mar 20166221,25033.011.79$40,169
Feb 20164720,81326.472.06$44,194
Jan 20163023,29927.352.36$55,908
Dec 20157424,38432.362.00$51,197
Nov 20154821,38238.792.17$48,204
Oct 20153223,82643.552.43$59,209
Sep 20159326,44242.992.76$76,936
Aug 201510526,48340.162.87$80,289
Jul 2015027,98548.152.95$82,418
Jun 20155828,44456.152.88$85,257
May 201510031,78955.212.96$99,472
Apr 20156132,73449.822.71$91,636
Mar 201513336,85842.892.93$113,872
Feb 20157936,59244.662.98$112,433
Jan 201516043,89043.433.10$143,035
Dec 201413048,77754.693.59$182,285
Nov 201413954,42670.464.25$241,205
Oct 201434660,86178.303.90$264,508
Sep 20145468,65286.164.05$282,380
Aug 20147584,90589.394.04$349,306
Jul 2014012,77496.564.18$53,390

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                4,896 Mcf  × $  3.05 =    $14,912

────────────────────────────────────────────────────
Month total                                  $14,912

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/275300 is the state's own key, not one this site invented.