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 276326District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Aug 2014 – May 2026
Value, last 12 filed months
$383 k
at the published price for each month
Months reported
142
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 Gas112015-12-10217625
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
CondensateDisposition4,093 bbl$240,508
GasProduction2,552,308 Mcf$8,205,287
Total$8,445,795

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 27.7490, -99.7791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.74900, -99.77913 · 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
4,195 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 4,195 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-479428603H4,195 ftAug 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 (142)

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

142 months

May 202608,374106.413.05$25,506
Apr 202608,69398.932.87$24,946
Mar 202608,04389.753.15$25,331
Feb 2026358,01063.503.75$32,263
Jan 202608,51759.138.00$68,118
Dec 202508,67656.664.41$38,290
Nov 202509,60858.593.93$37,725
Oct 202505,66759.383.30$18,729
Sep 202508,22562.743.08$25,308
Aug 2025499,21163.933.01$30,902
Jul 202509,92666.743.32$32,907
Jun 202507,30866.483.13$22,865
May 202509,87260.553.23$31,909
Apr 202507,77862.363.54$27,558
Mar 202509,41767.704.27$40,195
Feb 202505,22870.884.34$22,694
Jan 2025452,89774.324.28$15,740
Dec 202405,69568.993.12$17,776
Nov 202403,49269.052.20$7,677
Oct 202408,03371.372.28$18,326
Sep 202406,94369.612.36$16,416
Aug 2024011,51975.632.06$23,771
Jul 202403,72979.932.15$8,005
Jun 2024156,42678.082.63$18,097
May 2024010,51778.812.20$23,121
Apr 202403,36484.451.66$5,582
Mar 2024698,40280.301.55$18,523
Feb 202408,68676.091.78$15,493
Jan 202407,77273.023.30$25,629
Dec 202306,47271.262.61$16,897
Nov 202306,02477.892.81$16,913
Oct 202307,80885.443.09$24,105
Sep 202308,25589.042.74$22,578
Aug 202308,75680.522.67$23,404
Jul 2023378,50374.852.64$25,233
Jun 202308,28268.962.26$18,705
May 202338,49970.622.23$19,143
Apr 202308,54278.122.24$19,115
Mar 2023218,87772.852.39$22,774
Feb 2023548,66675.112.47$25,424
Jan 202308,37476.533.39$28,369
Dec 2022558,65576.415.73$53,788
Nov 202209,18985.005.65$51,883
Oct 2022309,34687.185.86$57,418
Sep 202209,23684.888.16$75,400
Aug 2022179,82294.529.13$91,254
Jul 202209,067101.587.54$68,384
Jun 202209,800115.097.98$78,177
May 20221310,587109.378.43$90,702
Apr 2022748,988104.226.84$69,169
Mar 2022010,300108.885.08$52,287
Feb 202209,22291.054.86$44,808
Jan 2022539,67981.844.54$48,258
Dec 2021399,46071.323.90$39,667
Nov 202109,67377.435.24$50,656
Oct 202108,60679.795.71$49,174
Sep 202108,98169.865.35$48,057
Aug 2021529,08566.024.22$41,777
Jul 202109,06770.783.98$36,106
Jun 2021010,49169.493.38$35,466
May 2021010,76463.483.02$32,482
Apr 20218110,06460.362.76$32,650
Mar 202109,42161.302.72$25,596
Feb 2021559,74157.805.55$57,222
Jan 2021010,19450.412.81$28,648
Dec 2020011,96044.642.68$31,999
Nov 2020011,56238.772.71$31,293
Oct 2020012,27336.972.48$30,418
Sep 2020012,03937.091.99$23,970
Aug 2020712,57439.982.39$30,270
Jul 2020012,41038.371.83$22,650
Jun 20202812,53434.901.69$22,164
May 2020013,14116.921.81$23,848
Apr 20209312,71014.751.80$24,305
Mar 2020013,54030.341.86$25,133
Feb 2020012,76349.881.98$25,279
Jan 2020013,46357.252.09$28,201
Dec 201913313,79359.012.30$39,632
Nov 2019013,63155.302.75$37,495
Oct 2019014,08953.472.42$34,075
Sep 2019013,45655.052.66$35,756
Aug 2019014,35853.112.30$33,086
Jul 2019014,68056.272.46$36,114
Jun 2019014,16552.782.49$35,288
May 2019014,70658.482.74$40,299
Apr 20196514,44362.632.75$43,799
Mar 2019014,93956.803.06$45,745
Feb 2019114,32850.852.79$40,058
Jan 20199016,22246.033.23$56,510
Dec 2018315,76946.594.19$66,140
Nov 2018315,57052.934.24$66,133
Oct 2018316,84661.443.40$57,428
Sep 2018115,87559.543.11$49,399
Aug 20184617,14959.403.07$55,321
Jul 2018217,37065.142.93$51,057
Jun 20183417,07260.183.08$54,575
May 20181018,04965.382.90$53,010
Apr 20185617,64163.842.90$54,748
Mar 2018418,73861.222.79$52,465
Feb 201810417,39861.782.77$54,550
Jan 2018319,27662.874.01$77,472
Dec 2017119,44657.272.92$56,869
Nov 2017219,32755.423.12$60,379
Oct 20174720,35449.292.98$63,046
Sep 20172420,24247.523.09$63,633
Aug 20171621,11845.373.00$64,173
Jul 20176321,99643.873.09$70,672
Jun 2017122,05242.493.09$68,123
May 20178922,98745.373.26$79,054
Apr 2017422,97147.933.21$73,965
Mar 2017524,80246.772.98$74,235
Feb 20171722,51850.452.95$67,344
Jan 20177424,48349.413.42$87,359
Dec 2016223,07648.763.72$86,006
Nov 20162324,14342.492.64$64,820
Oct 20165025,89746.193.09$82,338
Sep 20163523,69741.553.10$74,930
Aug 20162925,13741.442.92$74,711
Jul 20164126,13241.622.92$78,125
Jun 20164925,76345.352.69$71,417
May 20164631,69342.521.99$65,058
Apr 201610830,05136.561.99$63,781
Mar 20165330,47733.011.79$56,426
Feb 2016129,59526.472.06$61,100
Jan 20166532,76427.352.36$79,244
Dec 201511634,14232.362.00$72,086
Nov 20156030,05138.792.17$67,458
Oct 20154333,67143.552.43$83,578
Sep 20159737,32742.992.76$107,134
Aug 2015136,98740.162.87$106,285
Jul 20156938,55448.152.95$116,867
Jun 20156938,86156.152.88$115,905
May 20154842,83555.212.96$129,247
Apr 20153944,88549.822.71$123,427
Mar 201510550,59642.892.93$152,988
Feb 20155649,60444.662.98$150,132
Jan 20156459,67043.433.10$187,794
Dec 201417565,98854.693.59$246,557
Nov 201413770,14270.464.25$307,886
Oct 201436576,62978.303.90$327,506
Sep 201422588,38286.164.05$376,930
Aug 20149686,20789.394.04$356,437

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                8,374 Mcf  × $  3.05 =    $25,506

────────────────────────────────────────────────────
Month total                                  $25,506

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/276326 is the state's own key, not one this site invented.