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BFMT EAST

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 285506District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Oct 2018 – May 2026
Value, last 12 filed months
$716 k
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
condensate, gas

The OWEN (OLMOS) field

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 Gas112019-03-26223719
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
CondensateDisposition7,561 bbl$423,262
GasProduction2,548,342 Mcf$8,530,124
Total$8,953,385

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 27.7980, -99.5439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79805, -99.54393 · 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
6,044 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 6,044 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-4794400247H6,044 ftOct 2018——

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 (92)

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

92 months

May 20262113,125106.413.05$42,211
Apr 20261613,02998.932.87$38,972
Mar 20263413,91889.753.15$46,885
Feb 20264712,94363.503.75$51,525
Jan 20263814,68259.138.00$119,672
Dec 20253915,08456.664.41$68,781
Nov 20252315,15458.593.93$60,849
Oct 20252016,25859.383.30$54,918
Sep 20254216,32762.743.08$52,872
Aug 20253417,52163.933.01$54,995
Jul 20256618,16066.743.32$64,609
Jun 20254018,21966.483.13$59,661
May 20255619,46260.553.23$66,298
Apr 20252319,58462.363.54$70,823
Mar 20255321,12767.704.27$93,765
Feb 20257019,93670.884.34$91,501
Jan 20258123,14574.324.28$105,050
Dec 20247924,01768.993.12$80,416
Nov 20247924,25069.052.20$58,767
Oct 20247125,06771.372.28$62,255
Sep 202411522,66769.612.36$61,598
Aug 2024018,27475.632.06$37,711
Jul 2024143,35579.932.15$8,321
Jun 20241311,58378.082.63$31,524
May 202410713,08278.812.20$37,193
Apr 202408,39284.451.66$13,924
Mar 20242712,90080.301.55$22,100
Feb 2024012,16376.091.78$21,694
Jan 20244913,04773.023.30$46,603
Dec 2023013,47471.262.61$35,177
Nov 2023013,36877.892.81$37,531
Oct 2023014,06785.443.09$43,429
Sep 2023013,60889.042.74$37,218
Aug 20236414,27380.522.67$43,303
Jul 20234914,44274.852.64$41,821
Jun 2023014,36168.962.26$32,434
May 2023015,04770.622.23$33,516
Apr 20236314,71678.122.24$37,852
Mar 20232215,13772.852.39$37,828
Feb 2023013,82975.112.47$34,098
Jan 20237515,36976.533.39$57,806
Dec 20221915,77476.415.73$91,822
Nov 2022016,28885.005.65$91,965
Oct 2022017,10587.185.86$100,300
Sep 2022016,79384.888.16$137,093
Aug 2022017,77094.529.13$162,190
Jul 20223618,036101.587.54$139,686
Jun 2022017,455115.097.98$139,242
May 20221818,433109.378.43$157,415
Apr 20222418,177104.226.84$126,788
Mar 20223619,113108.885.08$100,945
Feb 2022017,55991.054.86$85,316
Jan 20226319,88281.844.54$95,374
Dec 2021020,33271.323.90$79,277
Nov 20215120,10477.435.24$109,231
Oct 2021021,60679.795.71$123,454
Sep 20215121,54269.865.35$118,832
Aug 2021022,94066.024.22$96,820
Jul 20214523,72770.783.98$97,668
Jun 2021023,04569.493.38$77,906
May 20215024,88263.483.02$78,260
Apr 20216423,94760.362.76$69,919
Mar 20218226,21661.302.72$76,254
Feb 202115724,66557.805.55$145,915
Jan 202116027,66150.412.81$85,800
Dec 202010028,86544.642.68$81,691
Nov 20203628,63438.772.71$78,896
Oct 202010729,87036.972.48$77,986
Sep 202010529,78237.091.99$63,192
Aug 20205732,09739.982.39$78,833
Jul 20209333,42738.371.83$64,577
Jun 202027633,98734.901.69$67,081
May 2020035,81216.921.81$64,990
Apr 202014237,30814.751.80$69,412
Mar 202017039,83230.341.86$79,095
Feb 202028538,99449.881.98$91,450
Jan 202023545,63457.252.09$109,045
Dec 201929146,97659.012.30$125,422
Nov 201926848,62755.302.75$148,579
Oct 201930255,92953.472.42$151,414
Sep 201916446,39055.052.66$132,299
Aug 201925128,34453.112.30$78,645
Jul 201917534,63756.272.46$95,056
Jun 201919832,22952.782.49$90,739
May 201915442,50858.482.74$125,491
Apr 201911670,02162.632.75$199,872
Mar 201925182,17756.803.06$265,891
Feb 201926083,13550.852.79$245,352
Jan 2019352103,55646.033.23$350,500
Dec 2018371123,85346.594.19$535,664
Nov 2018292134,91852.934.24$587,136
Oct 201812459,58661.443.40$210,097

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            21 bbl  × $106.41 =     $2,235
Gas               13,125 Mcf  × $  3.05 =    $39,977

────────────────────────────────────────────────────
Month total                                  $42,211

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/285506 is the state's own key, not one this site invented.