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 277368District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Nov 2014 – May 2026
Value, last 12 filed months
$154 k
at the published price for each month
Months reported
139
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 Gas112015-12-10217626
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
CondensateDisposition5,890 bbl$309,656
GasProduction1,317,642 Mcf$4,100,473
Total$4,410,129

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 27.7612, -99.7574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.76117, -99.75741 · 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
4,417 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 4,417 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-479428524H4,417 ftNov 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 (139)

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

139 months

May 202602,791106.413.05$8,501
Apr 202602,74198.932.87$7,866
Mar 202602,32489.753.15$7,319
Feb 2026722,08063.503.75$12,373
Jan 202603,71859.138.00$29,736
Dec 202503,96856.664.41$17,512
Nov 202503,48158.593.93$13,668
Oct 202501,79259.383.30$5,922
Sep 202503,22262.743.08$9,914
Aug 2025683,75263.933.01$15,659
Jul 202504,01466.743.32$13,307
Jun 202503,87466.483.13$12,121
May 202504,17260.553.23$13,485
Apr 202574,11062.363.54$14,999
Mar 2025483,68267.704.27$18,966
Feb 202504,00570.884.34$17,385
Jan 20251443,56174.324.28$25,938
Dec 202404,41668.993.12$13,784
Nov 202403,70869.052.20$8,152
Oct 202404,48071.372.28$10,221
Sep 202403,87169.612.36$9,152
Aug 202404,76975.632.06$9,841
Jul 202403,74379.932.15$8,035
Jun 2024452,90678.082.63$11,168
May 202405,27478.812.20$11,595
Apr 202401,52984.451.66$2,537
Mar 2024854,39780.301.55$13,619
Feb 202404,15776.091.78$7,415
Jan 202403,95873.023.30$13,052
Dec 2023804,50571.262.61$17,462
Nov 202304,24577.892.81$11,918
Oct 202304,38085.443.09$13,522
Sep 202304,43989.042.74$12,141
Aug 202304,63680.522.67$12,391
Jul 2023294,77574.852.64$14,785
Jun 202304,26668.962.26$9,635
May 2023314,74270.622.23$12,752
Apr 2023324,45778.122.24$12,474
Mar 202384,60972.852.39$11,613
Feb 2023434,32375.112.47$13,889
Jan 202304,99976.533.39$16,935
Dec 2022534,53676.415.73$30,037
Nov 202204,77385.005.65$26,949
Oct 2022134,71187.185.86$28,758
Sep 202204,54884.888.16$37,128
Aug 2022254,77994.529.13$45,982
Jul 2022165,028101.587.54$39,547
Jun 202204,923115.097.98$39,272
May 2022235,114109.378.43$45,642
Apr 2022785,064104.226.84$42,755
Mar 202205,273108.885.08$26,768
Feb 202204,70191.054.86$22,841
Jan 2022325,25181.844.54$26,446
Dec 2021645,40271.323.90$25,628
Nov 202105,29477.435.24$27,724
Oct 202105,53579.795.71$31,626
Sep 202105,45769.865.35$29,200
Aug 2021465,57866.024.22$26,579
Jul 2021205,73070.783.98$24,233
Jun 202105,69269.493.38$19,242
May 2021715,77663.483.02$21,937
Apr 202105,72760.362.76$15,797
Mar 2021895,96261.302.72$21,654
Feb 202105,39657.805.55$29,937
Jan 202106,02650.412.81$16,935
Dec 202005,99244.642.68$16,031
Nov 2020585,98638.772.71$18,450
Oct 202006,24036.972.48$15,465
Sep 202006,11337.091.99$12,171
Aug 2020196,39839.982.39$16,019
Jul 202006,47138.371.83$11,810
Jun 2020306,38534.901.69$11,840
May 202006,49916.921.81$11,794
Apr 20201026,44814.751.80$13,139
Mar 202006,69730.341.86$12,431
Feb 2020576,39649.881.98$15,512
Jan 202006,84557.252.09$14,339
Dec 2019736,83159.012.30$20,049
Nov 201906,80155.302.75$18,708
Oct 2019987,16753.472.42$22,574
Sep 201906,99155.052.66$18,577
Aug 201907,41953.112.30$17,096
Jul 201907,53156.272.46$18,527
Jun 201907,36152.782.49$18,338
May 201907,76458.482.74$21,276
Apr 2019847,56962.632.75$26,081
Mar 201907,82556.803.06$23,961
Feb 201927,26250.852.79$20,379
Jan 2019958,23646.033.23$30,960
Dec 201838,26746.594.19$34,741
Nov 20181118,27752.934.24$40,947
Oct 201828,58761.443.40$29,302
Sep 201818,54159.543.11$26,605
Aug 201808,98459.403.07$27,550
Jul 201829,15965.142.93$26,983
Jun 2018368,97660.183.08$29,785
May 201859,50065.382.90$27,885
Apr 2018579,32163.842.90$30,677
Mar 2018629,88361.222.79$31,338
Feb 2018429,29061.782.77$28,292
Jan 2018210,66462.874.01$42,881
Dec 2017698,19557.272.92$27,893
Nov 20175310,50355.423.12$35,689
Oct 2017110,87249.292.98$32,488
Sep 20176010,94347.523.09$36,635
Aug 2017711,69845.373.00$35,463
Jul 20178312,25543.873.09$41,476
Jun 20175112,17242.493.09$39,745
May 20174012,92145.373.26$43,981
Apr 20175212,40747.933.21$42,339
Mar 20175313,02546.772.98$41,341
Feb 201710111,78550.452.95$39,892
Jan 201711512,79949.413.42$49,439
Dec 20167012,63848.763.72$50,462
Nov 2016313,08542.492.64$34,729
Oct 20169713,88946.193.09$47,401
Sep 20163313,91141.553.10$44,504
Aug 201619314,89741.442.92$51,562
Jul 2016615,32841.622.92$45,074
Jun 20164615,44845.352.69$43,577
May 201614116,34142.521.99$38,531
Apr 2016316,42636.561.99$32,815
Mar 20167218,25233.011.79$35,121
Feb 20169317,56226.472.06$38,703
Jan 201615719,20227.352.36$49,694
Dec 20155520,39832.362.00$42,605
Nov 20156817,31838.792.17$40,172
Oct 201511219,49143.552.43$52,174
Sep 20157622,55842.992.76$65,492
Aug 201510023,43640.162.87$71,336
Jul 201512025,03448.152.95$79,505
Jun 201517626,07556.152.88$85,053
May 20158629,62655.212.96$92,306
Apr 201525331,74349.822.71$98,519
Mar 201516737,66842.892.93$117,707
Feb 201520037,90544.662.98$121,744
Jan 201540948,40143.433.10$167,836
Dec 201412060,48854.693.59$223,797
Nov 201418631,12470.464.25$145,440

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                2,791 Mcf  × $  3.05 =     $8,501

────────────────────────────────────────────────────
Month total                                   $8,501

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/277368 is the state's own key, not one this site invented.