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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 287722District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Oct 2018 – May 2026
Value, last 12 filed months
$715 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
NGPA1none——
ST-1112019-12-20226010

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
CondensateDisposition5,374 bbl$307,059
GasProduction2,663,294 Mcf$8,899,452
Total$9,206,511

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 27.8240, -99.5685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.82400, -99.56853 · 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
5,605 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 5,605 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-4794378033H5,605 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 20261910,982106.413.05$35,471
Apr 20261411,07998.932.87$33,179
Mar 20263112,38589.753.15$41,788
Feb 20264211,71363.503.75$46,595
Jan 20263413,48059.138.00$109,822
Dec 20253514,26156.664.41$64,922
Nov 20252015,73158.593.93$62,939
Oct 20251717,14359.383.30$57,664
Sep 20253717,26762.743.08$55,451
Aug 20253119,78763.933.01$61,635
Jul 20255821,13266.743.32$73,928
Jun 20253622,24366.483.13$71,985
May 20255025,22760.553.23$84,569
Apr 20252126,29862.363.54$94,487
Mar 20254628,69067.704.27$125,572
Feb 20256327,65470.884.34$124,507
Jan 20257332,71574.324.28$145,402
Dec 20247134,39668.993.12$112,261
Nov 20247134,32669.052.20$80,366
Oct 20246336,68371.372.28$88,185
Sep 202410432,55169.612.36$84,202
Aug 2024032,38075.632.06$66,820
Jul 202412079.932.15$959
Jun 20241112,45878.082.63$33,673
May 20249515,90178.812.20$42,444
Apr 202407,28684.451.66$12,089
Mar 20242414,09680.301.55$23,707
Feb 2024013,14476.091.78$23,444
Jan 20244314,37173.023.30$50,531
Dec 2023014,65971.262.61$38,271
Nov 2023014,75177.892.81$41,414
Oct 2023015,55385.443.09$48,016
Sep 2023014,96489.042.74$40,927
Aug 20235815,69880.522.67$46,629
Jul 20234415,90074.852.64$45,298
Jun 2023015,55268.962.26$35,124
May 2023016,44670.622.23$36,632
Apr 20235716,25478.122.24$40,825
Mar 20231916,77772.852.39$41,534
Feb 2023015,42075.112.47$38,021
Jan 20236716,94576.533.39$62,532
Dec 20221915,98176.415.73$93,008
Nov 2022014,68285.005.65$82,898
Oct 2022017,36187.185.86$101,801
Sep 2022017,07484.888.16$139,387
Aug 2022017,86694.529.13$163,066
Jul 20221718,119101.587.54$138,382
Jun 2022017,961115.097.98$143,278
May 20221718,946109.378.43$161,632
Apr 20222218,665104.226.84$129,917
Mar 20223319,575108.885.08$102,964
Feb 2022017,88891.054.86$86,915
Jan 20225720,16581.844.54$96,167
Dec 2021020,64771.323.90$80,505
Nov 20214620,40577.435.24$110,420
Oct 2021021,54179.795.71$123,082
Sep 20214621,20469.865.35$116,674
Aug 2021022,37866.024.22$94,448
Jul 20214122,90470.783.98$94,108
Jun 2021022,83969.493.38$77,210
May 20214524,27563.483.02$76,111
Apr 20215923,16860.362.76$67,468
Mar 20217525,20361.302.72$73,073
Feb 202114022,73657.805.55$134,230
Jan 202114726,35650.412.81$81,478
Dec 20209126,99644.642.68$76,289
Nov 20203326,54138.772.71$73,114
Oct 20209427,77136.972.48$72,304
Sep 20207827,61737.091.99$57,880
Aug 20203529,65739.982.39$72,134
Jul 20205731,31438.371.83$59,339
Jun 202016830,92234.901.69$58,131
May 2020032,47916.921.81$58,941
Apr 20208532,82014.751.80$60,474
Mar 20209534,39630.341.86$66,729
Feb 202010234,22649.881.98$72,878
Jan 2020038,23557.252.09$80,092
Dec 2019040,21959.012.30$92,679
Nov 2019040,62655.302.75$111,750
Oct 2019043,15953.472.42$104,382
Sep 2019043,32755.052.66$115,132
Aug 20193547,42953.112.30$111,152
Jul 201915048,49656.272.46$127,744
Jun 201917347,30952.782.49$126,987
May 201915754,54158.482.74$158,641
Apr 201914563,08162.632.75$182,598
Mar 201925777,88056.803.06$253,074
Feb 201926881,66850.852.79$241,663
Jan 2019362102,46446.033.23$347,435
Dec 2018382115,07746.594.19$499,445
Nov 2018302137,81452.934.24$599,936
Oct 201817594,99361.443.40$333,546

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            19 bbl  × $106.41 =     $2,022
Gas               10,982 Mcf  × $  3.05 =    $33,449

────────────────────────────────────────────────────
Month total                                  $35,471

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/287722 is the state's own key, not one this site invented.