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 277369District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Nov 2014 – May 2026
Value, last 12 filed months
$114 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 Gas112015-12-10217627
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
CondensateDisposition1,463 bbl$76,306
GasProduction959,345 Mcf$2,998,537
Total$3,074,843

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 27.7562, -99.7273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.75616, -99.72733 · 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
4,416 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 4,416 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-479428675H4,416 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 202602,588106.413.05$7,883
Apr 202602,75698.932.87$7,909
Mar 202602,62189.753.15$8,255
Feb 202602,72763.503.75$10,227
Jan 202602,71359.138.00$21,698
Dec 202502,34556.664.41$10,349
Nov 202502,95958.593.93$11,618
Oct 202503,59359.383.30$11,874
Sep 202502,56362.743.08$7,886
Aug 202503263.933.01$96
Jul 202502,31566.743.32$7,675
Jun 202502,67066.483.13$8,354
May 202502,94860.553.23$9,529
Apr 202503,17162.363.54$11,235
Mar 2025122,52367.704.27$11,581
Feb 202502,48470.884.34$10,783
Jan 2025222,91674.324.28$14,112
Dec 202403,07068.993.12$9,583
Nov 202403,09869.052.20$6,811
Oct 202403,50371.372.28$7,992
Sep 202403,09969.612.36$7,327
Aug 202403,82475.632.06$7,891
Jul 202403,43379.932.15$7,369
Jun 2024182,63378.082.63$8,341
May 202405,71778.812.20$12,568
Apr 20240084.451.66$0
Mar 2024047480.301.55$732
Feb 202402,99776.091.78$5,346
Jan 2024203,28973.023.30$12,306
Dec 202303,37871.262.61$8,819
Nov 202303,19477.892.81$8,967
Oct 202303,21485.443.09$9,923
Sep 2023283,35789.042.74$11,675
Aug 202303,52280.522.67$9,414
Jul 202303,52974.852.64$9,323
Jun 202303,43368.962.26$7,753
May 202303,49670.622.23$7,787
Apr 202303,37778.122.24$7,557
Mar 2023423,59872.852.39$11,670
Feb 202303,40775.112.47$8,401
Jan 202304,14576.533.39$14,042
Dec 202202,94376.415.73$16,861
Nov 202203,63785.005.65$20,535
Oct 2022123,78587.185.86$23,240
Sep 202203,69084.888.16$30,124
Aug 202203,88194.529.13$35,423
Jul 2022203,927101.587.54$31,649
Jun 202203,867115.097.98$30,848
May 2022164,084109.378.43$36,190
Apr 202203,533104.226.84$24,157
Mar 2022403,910108.885.08$24,204
Feb 202203,66291.054.86$17,793
Jan 202203,82981.844.54$17,375
Dec 202103,99071.323.90$15,557
Nov 202103,73577.435.24$19,560
Oct 202104,04379.795.71$23,101
Sep 202104,16769.865.35$22,297
Aug 2021294,38666.024.22$20,426
Jul 202104,46170.783.98$17,764
Jun 202104,25269.493.38$14,374
May 202104,02763.483.02$12,152
Apr 202103,96560.362.76$10,937
Mar 2021743,79461.302.72$14,844
Feb 202103,32057.805.55$18,419
Jan 202104,34750.412.81$12,216
Dec 202003,79344.642.68$10,148
Nov 202003,86038.772.71$10,447
Oct 202003,97336.972.48$9,847
Sep 202003,88837.091.99$7,741
Aug 2020264,34239.982.39$11,396
Jul 202004,41838.371.83$8,063
Jun 2020174,31234.901.69$7,882
May 202004,46216.921.81$8,097
Apr 2020584,42214.751.80$8,834
Mar 202004,57530.341.86$8,492
Feb 202004,46549.881.98$8,844
Jan 202004,89957.252.09$10,262
Dec 201904,97159.012.30$11,455
Nov 201905,09155.302.75$14,004
Oct 201904,72253.472.42$11,420
Sep 201904,57455.052.66$12,154
Aug 201905,22353.112.30$12,036
Jul 201905,06956.272.46$12,470
Jun 201905,11452.782.49$12,740
May 201905,44958.482.74$14,932
Apr 2019625,45062.632.75$18,874
Mar 201905,88056.803.06$18,005
Feb 201925,33450.852.79$14,995
Jan 201926,08746.033.23$19,742
Dec 201836,03946.594.19$25,416
Nov 201815,80752.934.24$24,659
Oct 201825,46961.443.40$18,707
Sep 201815,81959.543.11$18,145
Aug 201816,33159.403.07$19,474
Jul 201816,47665.142.93$19,052
Jun 2018356,26960.183.08$21,396
May 201866,62065.382.90$19,596
Apr 201845,73863.842.90$16,900
Mar 201815,87361.222.79$16,428
Feb 201835,74961.782.77$16,088
Jan 2018265,38462.874.01$23,221
Dec 201737,16657.272.92$21,107
Nov 201747,34655.423.12$23,129
Oct 201737,73649.292.98$23,230
Sep 201728,06547.523.09$24,994
Aug 201798,17145.373.00$24,957
Jul 201798,33743.873.09$26,133
Jun 2017198,30442.493.09$26,444
May 201738,75545.373.26$28,707
Apr 2017298,83447.933.21$29,761
Mar 201759,49946.772.98$28,576
Feb 201768,93550.452.95$26,684
Jan 20173911,17749.413.42$40,139
Dec 201648,49248.763.72$31,809
Nov 2016329,72142.492.64$27,065
Oct 20163410,31646.193.09$33,450
Sep 2016410,20141.553.10$31,796
Aug 20162410,79241.442.92$32,554
Jul 20162911,24841.622.92$34,100
Jun 20163211,33845.352.69$31,903
May 20164011,95642.521.99$25,506
Apr 2016212,29536.561.99$24,553
Mar 20165013,24733.011.79$25,416
Feb 2016112,89026.472.06$26,627
Jan 20164214,40527.352.36$35,207
Dec 20155015,36832.362.00$32,376
Nov 20153414,12338.792.17$31,928
Oct 20156415,62443.552.43$40,700
Sep 2015516,96842.992.76$47,020
Aug 20153817,53240.162.87$51,887
Jul 2015118,46848.152.95$54,438
Jun 2015519,15656.152.88$55,505
May 20154221,69155.212.96$66,425
Apr 20154123,06549.822.71$64,470
Mar 20153927,41742.892.93$82,134
Feb 20159726,72644.662.98$83,874
Jan 2015935,05443.433.10$109,080
Dec 20141743,62054.693.59$157,585
Nov 20141225,41470.464.25$108,902

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                2,588 Mcf  × $  3.05 =     $7,883

────────────────────────────────────────────────────
Month total                                   $7,883

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/277369 is the state's own key, not one this site invented.