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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 288052District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
May 2019 – May 2026
Value, last 12 filed months
$408 k
at the published price for each month
Months reported
85
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-1112020-09-08227865

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
CondensateDisposition518 bbl$34,280
GasProduction2,010,520 Mcf$6,306,008
Total$6,340,288

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 27.7782, -99.5734. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.77824, -99.57339 · 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
5,837 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 5,837 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-4794412050H5,837 ftMay 2019——

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 (85)

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

85 months

May 202608,900106.413.05$27,108
Apr 2026298,72398.932.87$27,902
Mar 202609,15389.753.15$28,827
Feb 202608,24063.503.75$30,903
Jan 202608,97159.138.00$71,749
Dec 202508,81756.664.41$38,913
Nov 202509,02058.593.93$35,416
Oct 202509,38759.383.30$31,023
Sep 202509,21162.743.08$28,342
Aug 202509,05063.933.01$27,284
Jul 20253110,10566.743.32$35,569
Jun 202508,10366.483.13$25,352
May 202509,43360.553.23$30,490
Apr 202509,85962.363.54$34,932
Mar 202509,64367.704.27$41,159
Feb 2025189,12370.884.34$40,877
Jan 2025012,40774.324.28$53,086
Dec 202408,89368.993.12$27,758
Nov 202408,79769.052.20$19,340
Oct 202409,04771.372.28$20,640
Sep 202408,89269.612.36$21,024
Aug 2024010,80275.632.06$22,291
Jul 20241911,52179.932.15$26,250
Jun 2024011,52278.082.63$30,349
May 2024013,39778.812.20$29,453
Apr 2024010,08484.451.66$16,731
Mar 20245512,25980.301.55$23,358
Feb 2024011,89576.091.78$21,216
Jan 2024012,76073.023.30$42,078
Dec 2023013,07171.262.61$34,125
Nov 2023013,46877.892.81$37,812
Oct 20232713,93485.443.09$45,325
Sep 20235812,17789.042.74$38,469
Aug 2023013,34980.522.67$35,680
Jul 20232414,26674.852.64$39,484
Jun 2023014,61168.962.26$32,999
May 2023015,41070.622.23$34,324
Apr 2023014,95778.122.24$33,470
Mar 2023015,36272.852.39$36,764
Feb 2023014,01875.112.47$34,564
Jan 2023015,77676.533.39$53,445
Dec 20221216,10876.415.73$93,201
Nov 2022016,05185.005.65$90,627
Oct 2022016,61487.185.86$97,421
Sep 2022015,71384.888.16$128,276
Aug 2022016,53794.529.13$150,936
Jul 20221217,168101.587.54$130,701
Jun 2022017,117115.097.98$136,546
May 2022018,161109.378.43$153,152
Apr 2022717,988104.226.84$123,724
Mar 20221318,938108.885.08$97,552
Feb 2022017,37191.054.86$84,403
Jan 2022019,79781.844.54$89,832
Dec 2021020,31371.323.90$79,203
Nov 2021020,13877.435.24$105,460
Oct 2021021,27079.795.71$121,534
Sep 2021021,14269.865.35$113,129
Aug 2021022,44366.024.22$94,723
Jul 2021023,05770.783.98$91,815
Jun 2021023,01669.493.38$77,808
May 2021024,49763.483.02$73,924
Apr 2021023,95060.362.76$66,064
Mar 2021026,00261.302.72$70,646
Feb 2021023,73557.805.55$131,681
Jan 20214027,06750.412.81$78,082
Dec 2020028,08244.642.68$75,132
Nov 20202828,33238.772.71$77,768
Oct 2020730,35236.972.48$75,484
Sep 2020230,72737.091.99$61,253
Aug 20202133,37739.982.39$80,447
Jul 2020035,04938.371.83$63,969
Jun 2020035,73634.901.69$60,405
May 2020038,43616.921.81$69,752
Apr 20204836,18514.751.80$65,999
Mar 2020040,78730.341.86$75,710
Feb 2020041,24849.881.98$81,699
Jan 2020047,33257.252.09$99,148
Dec 2019052,47659.012.30$120,924
Nov 20191956,77655.302.75$157,224
Oct 2019066,35453.472.42$160,480
Sep 2019074,23255.052.66$197,255
Aug 20194891,96653.112.30$214,472
Jul 20190113,67356.272.46$279,642
Jun 20190139,17152.782.49$346,703
May 2019047,62358.482.74$130,502

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                8,900 Mcf  × $  3.05 =    $27,108

────────────────────────────────────────────────────
Month total                                  $27,108

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/288052 is the state's own key, not one this site invented.