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 286036District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Aug 2018 – May 2026
Value, last 12 filed months
$306 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 Gas112019-08-07223894
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
CondensateDisposition2,145 bbl$115,632
GasProduction1,759,780 Mcf$5,831,691
Total$5,947,323

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 27.7889, -99.5666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.78893, -99.56662 · 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
5,758 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 5,758 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-4794393146H5,758 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 202606,893106.413.05$20,995
Apr 202606,71798.932.87$19,276
Mar 202606,92989.753.15$21,822
Feb 202605,96363.503.75$22,363
Jan 202606,74359.138.00$53,930
Dec 202506,68556.664.41$29,503
Nov 202506,62558.593.93$26,013
Oct 202507,06259.383.30$23,339
Sep 202506,93362.743.08$21,332
Aug 202507,30763.933.01$22,029
Jul 202506,98866.743.32$23,167
Jun 202507,14366.483.13$22,348
May 202507,57960.553.23$24,498
Apr 202507,36262.363.54$26,084
Mar 202507,70167.704.27$32,870
Feb 202506,78370.884.34$29,444
Jan 202517,73274.324.28$33,157
Dec 202407,89568.993.12$24,643
Nov 202407,30069.052.20$16,049
Oct 202417,99071.372.28$18,300
Sep 202407,43769.612.36$17,584
Aug 202408,89975.632.06$18,364
Jul 202405,86979.932.15$12,598
Jun 202408,74978.082.63$23,045
May 2024010,25178.812.20$22,536
Apr 202405,45684.451.66$9,053
Mar 202409,12380.301.55$14,096
Feb 202408,73076.091.78$15,571
Jan 202409,38873.023.30$30,958
Dec 202309,52471.262.61$24,865
Nov 202309,43077.892.81$26,475
Oct 202309,81385.443.09$30,295
Sep 202309,43789.042.74$25,811
Aug 202309,90780.522.67$26,480
Jul 2023010,06374.852.64$26,584
Jun 202309,88468.962.26$22,323
May 2023010,49170.622.23$23,368
Apr 2023010,27678.122.24$22,995
Mar 2023010,60072.852.39$25,368
Feb 202309,77875.112.47$24,109
Jan 2023011,11176.533.39$37,641
Dec 2022011,44876.415.73$65,587
Nov 2022012,35785.005.65$69,770
Oct 2022013,17387.185.86$77,243
Sep 2022013,33684.888.16$108,871
Aug 2022012,16594.529.13$111,032
Jul 2022011,260101.587.54$84,924
Jun 2022011,080115.097.98$88,387
May 2022011,815109.378.43$99,636
Apr 2022611,661104.226.84$80,359
Mar 20221412,318108.885.08$64,055
Feb 2022011,35191.054.86$55,153
Jan 20222312,85681.844.54$60,219
Dec 2021013,26071.323.90$51,702
Nov 20211813,20177.435.24$70,525
Oct 2021014,06479.795.71$80,360
Sep 20211713,67769.865.35$74,372
Aug 2021014,16266.024.22$59,772
Jul 20211514,37170.783.98$58,288
Jun 2021014,49769.493.38$49,009
May 20211515,40563.483.02$47,439
Apr 20211914,80860.362.76$41,994
Mar 20212416,36461.302.72$45,931
Feb 20214414,85457.805.55$84,952
Jan 20214517,16350.412.81$50,501
Dec 20204017,73344.642.68$49,230
Nov 2020917,84038.772.71$48,634
Oct 20202620,81636.972.48$52,552
Sep 20202218,29537.091.99$37,242
Aug 20201019,47439.982.39$46,847
Jul 20201620,39738.371.83$37,841
Jun 20205020,27334.901.69$36,013
May 2020021,92316.921.81$39,785
Apr 20202522,28514.751.80$40,579
Mar 20203123,69230.341.86$44,918
Feb 20205323,49849.881.98$49,185
Jan 20204626,05757.252.09$57,216
Dec 20197227,80459.012.30$68,319
Nov 20196727,63955.302.75$79,732
Oct 20197729,36653.472.42$75,140
Sep 20194329,55655.052.66$80,906
Aug 20196732,14853.112.30$77,639
Jul 20194834,91556.272.46$88,594
Jun 20195736,47152.782.49$93,865
May 20194638,58658.482.74$108,428
Apr 20192345,50562.632.75$126,611
Mar 20198252,05856.803.06$164,064
Feb 20199047,53150.852.79$137,294
Jan 201913259,38046.033.23$197,765
Dec 201816074,39946.594.19$318,847
Nov 201817574,25352.934.24$323,891
Oct 201818477,56661.443.40$274,880
Sep 2018252113,30159.543.11$367,144
Aug 2018049,82759.403.07$152,797

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                6,893 Mcf  × $  3.05 =    $20,995

────────────────────────────────────────────────────
Month total                                  $20,995

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/286036 is the state's own key, not one this site invented.