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 286035District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Aug 2018 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
94
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 Gas112019-08-07223893
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
CondensateDisposition3,030 bbl$171,550
GasProduction1,257,542 Mcf$3,900,138
Total$4,071,688

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 27.7908, -99.5733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79079, -99.57334 · 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
5,682 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 5,682 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-4794393045H5,682 ftAug 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 (94)

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

94 months

May 20267677106.413.05$2,807
Apr 2026564298.932.87$2,337
Mar 20261266989.753.15$3,184
Feb 20261763563.503.75$3,461
Jan 20261366559.138.00$6,087
Dec 20251464656.664.41$3,644
Nov 2025854458.593.93$2,605
Oct 2025756859.383.30$2,293
Sep 20251461262.743.08$2,761
Aug 20251277263.933.01$3,095
Jul 20252375466.743.32$4,035
Jun 20251462766.483.13$2,892
May 20251972760.553.23$3,500
Apr 2025853662.363.54$2,398
Mar 20251855267.704.27$3,575
Feb 20252448370.884.34$3,798
Jan 20252653174.324.28$4,204
Dec 20242896668.993.12$4,947
Nov 2024281,29269.052.20$4,774
Oct 2024241,52771.372.28$5,197
Sep 2024381,33369.612.36$5,797
Aug 202401,37375.632.06$2,833
Jul 202451,16679.932.15$2,903
Jun 202441,68578.082.63$4,751
May 2024371,91278.812.20$7,119
Apr 2024055384.451.66$918
Mar 2024975680.301.55$1,891
Feb 202401,07676.091.78$1,919
Jan 2024161,24573.023.30$5,274
Dec 2023098271.262.61$2,564
Nov 202301,15277.892.81$3,234
Oct 202301,25885.443.09$3,884
Sep 202301,02789.042.74$2,809
Aug 2023221,16680.522.67$4,888
Jul 2023171,41974.852.64$5,021
Jun 202301,01568.962.26$2,292
May 202301,45770.622.23$3,245
Apr 20231886478.122.24$3,340
Mar 202351,07872.852.39$2,944
Feb 202301,40175.112.47$3,454
Jan 2023131,04476.533.39$4,532
Dec 20223322576.415.73$3,811
Nov 2022064385.005.65$3,631
Oct 202201,08987.185.86$6,386
Sep 2022076184.888.16$6,213
Aug 2022080894.529.13$7,375
Jul 202251,589101.587.54$12,492
Jun 202202,404115.097.98$19,177
May 202211,495109.378.43$12,717
Apr 202260104.226.84$625
Mar 2022122,034108.885.08$11,632
Feb 2022010,55491.054.86$51,280
Jan 20222311,91981.844.54$55,967
Dec 2021012,24971.323.90$47,760
Nov 20211912,09377.435.24$64,800
Oct 2021012,68579.795.71$72,480
Sep 20211812,52869.865.35$68,294
Aug 2021013,40766.024.22$56,585
Jul 20211713,69170.783.98$55,722
Jun 2021013,59569.493.38$45,960
May 20211814,58463.483.02$45,152
Apr 20212414,09460.362.76$40,326
Mar 20213015,00261.302.72$42,599
Feb 20215713,76657.805.55$79,668
Jan 20215916,01550.412.81$47,981
Dec 20203716,96544.642.68$47,041
Nov 20201317,06438.772.71$46,689
Oct 20203817,44436.972.48$44,639
Sep 20203217,01137.091.99$35,056
Aug 20201417,88039.982.39$43,205
Jul 20202318,70538.371.83$35,021
Jun 20206819,17734.901.69$34,788
May 2020020,52716.921.81$37,251
Apr 20203620,73214.751.80$37,939
Mar 20204321,85730.341.86$41,876
Feb 20207421,51049.881.98$46,295
Jan 20206323,82557.252.09$53,514
Dec 20199925,15959.012.30$63,817
Nov 20199224,79455.302.75$73,288
Oct 201910426,78253.472.42$70,334
Sep 20195827,01355.052.66$74,974
Aug 20198929,29253.112.30$72,226
Jul 20196331,58856.272.46$81,253
Jun 20197332,88852.782.49$85,784
May 20195836,77258.482.74$104,159
Apr 20194339,95362.632.75$112,592
Mar 20199846,63356.803.06$148,361
Feb 201910545,87750.852.79$133,438
Jan 201914857,60646.033.23$192,775
Dec 201817071,12846.594.19$305,622
Nov 201817169,86052.934.24$305,065
Oct 201821182,77161.443.40$294,226
Sep 2018180102,34159.543.11$328,793
Aug 2018037,77159.403.07$115,827

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             7 bbl  × $106.41 =       $745
Gas                  677 Mcf  × $  3.05 =     $2,062

────────────────────────────────────────────────────
Month total                                   $2,807

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/286035 is the state's own key, not one this site invented.