RYAN

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 278736District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Mar 2015 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
135
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 Gas112016-03-09218049
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
CondensateDisposition3,129 bbl$151,656
GasProduction1,256,061 Mcf$3,775,903
Total$3,927,559

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 27.8950, -99.5685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89504, -99.56854 · 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
5,347 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 5,347 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-479430682H5,347 ftMar 2015

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 (135)

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

135 months

May 202603,064106.413.05$9,332
Apr 202603,05698.932.87$8,770
Mar 202603,15189.753.15$9,924
Feb 2026262,78063.503.75$12,077
Jan 202603,16059.138.00$25,273
Dec 2025203,21056.664.41$15,300
Nov 202502,92758.593.93$11,493
Oct 202503,23959.383.30$10,704
Sep 202503,16962.743.08$9,751
Aug 2025203,44663.933.01$11,667
Jul 202503,07866.743.32$10,204
Jun 202503,24666.483.13$10,156
May 202503,23760.553.23$10,463
Apr 202503,20962.363.54$11,370
Mar 2025253,33067.704.27$15,906
Feb 202503,07170.884.34$13,331
Jan 2025263,47374.324.28$16,792
Dec 202403,48068.993.12$10,862
Nov 202413,49869.052.20$7,759
Oct 202403,64071.372.28$8,304
Sep 202403,63869.612.36$8,602
Aug 202403,75975.632.06$7,757
Jul 202403,31479.932.15$7,114
Jun 202403,63278.082.63$9,567
May 2024195,20678.812.20$12,942
Apr 202401,43684.451.66$2,383
Mar 202403,79680.301.55$5,865
Feb 202403,22476.091.78$5,750
Jan 2024243,74173.023.30$14,089
Dec 202303,88571.262.61$10,143
Nov 202303,81577.892.81$10,711
Oct 202304,01785.443.09$12,402
Sep 202303,85089.042.74$10,530
Aug 202304,03380.522.67$10,780
Jul 202304,01974.852.64$10,617
Jun 202303,94668.962.26$8,912
May 2023244,03270.622.23$10,676
Apr 202303,84278.122.24$8,597
Mar 202304,15972.852.39$9,953
Feb 202303,47975.112.47$8,578
Jan 2023144,19276.533.39$15,273
Dec 202203,96176.415.73$22,693
Nov 202204,34685.005.65$24,538
Oct 202204,31387.185.86$25,290
Sep 202203,98684.888.16$32,540
Aug 202204,47794.529.13$40,862
Jul 2022374,766101.587.54$39,704
Jun 202204,591115.097.98$36,623
May 202204,959109.378.43$41,819
Apr 202204,837104.226.84$33,073
Mar 202205,021108.885.08$25,489
Feb 202204,52991.054.86$22,006
Jan 202204,88181.844.54$22,148
Dec 202105,09571.323.90$19,866
Nov 202105,00177.435.24$26,189
Oct 202105,22679.795.71$29,861
Sep 202105,10069.865.35$27,290
Aug 2021195,30366.024.22$23,636
Jul 202105,30170.783.98$21,109
Jun 202104,67269.493.38$15,794
May 2021345,01263.483.02$17,283
Apr 202104,94960.362.76$13,651
Mar 202105,21161.302.72$14,158
Feb 202104,76957.805.55$26,458
Jan 202105,63550.412.81$15,836
Dec 202005,62944.642.68$15,060
Nov 202005,39238.772.71$14,594
Oct 202005,68636.972.48$14,092
Sep 2020375,55037.091.99$12,423
Aug 202005,88239.982.39$14,029
Jul 202005,76238.371.83$10,516
Jun 202005,76534.901.69$9,745
May 202005,45216.921.81$9,894
Apr 2020405,33214.751.80$10,211
Mar 202005,86930.341.86$10,894
Feb 202005,40949.881.98$10,713
Jan 2020325,83257.252.09$14,049
Dec 2019495,97859.012.30$16,667
Nov 201906,16155.302.75$16,947
Oct 201906,03153.472.42$14,586
Sep 201905,97155.052.66$15,867
Aug 201906,29753.112.30$14,511
Jul 201906,07456.272.46$14,942
Jun 201905,87352.782.49$14,631
May 2019426,53658.482.74$20,367
Apr 201906,78562.632.75$18,664
Mar 201967,27856.803.06$22,627
Feb 201906,61750.852.79$18,476
Jan 201967,01646.033.23$22,925
Dec 201807,57646.594.19$31,709
Nov 2018427,50652.934.24$34,028
Oct 201807,65061.443.40$25,995
Sep 201807,95859.543.11$24,733
Aug 201808,56859.403.07$26,274
Jul 2018318,41665.142.93$26,694
Jun 201808,92660.183.08$27,465
May 2018629,49265.382.90$31,588
Apr 201809,57763.842.90$27,781
Mar 2018010,25161.222.79$28,568
Feb 2018239,71861.782.77$28,302
Jan 20184411,05862.874.01$47,101
Dec 2017011,02357.272.92$32,204
Nov 20172011,03955.423.12$35,532
Oct 2017012,26449.292.98$36,592
Sep 20171512,02447.523.09$37,834
Aug 20173112,42945.373.00$38,748
Jul 20174113,21243.873.09$42,588
Jun 20172113,68142.493.09$43,129
May 20173214,70745.373.26$49,447
Apr 20176212,66547.933.21$43,647
Mar 20172013,21446.772.98$40,362
Feb 20177412,37250.452.95$40,263
Jan 20177514,23849.413.42$52,383
Dec 20163514,09848.763.72$54,191
Nov 20165914,61442.492.64$41,151
Oct 20164916,05146.193.09$51,865
Sep 20166615,95541.553.10$52,213
Aug 20165117,33841.442.92$52,816
Jul 20162819,60541.622.92$58,497
Jun 20164816,44645.352.69$46,348
May 20165719,81042.521.99$41,866
Apr 20165020,45936.561.99$42,563
Mar 20168821,98133.011.79$42,339
Feb 20168521,77426.472.06$47,183
Jan 20169224,42627.352.36$60,268
Dec 201512525,79032.362.00$55,661
Nov 20159826,53238.792.17$61,305
Oct 20155829,59443.552.43$74,338
Sep 20154532,58842.992.76$91,826
Aug 201512337,05740.162.87$111,386
Jul 201517540,18648.152.95$126,777
Jun 201518641,80456.152.88$130,959
May 201526155,63755.212.96$178,842
Apr 201523864,11049.822.71$185,375
Mar 20151817,04542.892.93$50,794

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                3,064 Mcf  × $  3.05 =     $9,332

────────────────────────────────────────────────────
Month total                                   $9,332

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/278736 is the state's own key, not one this site invented.