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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 288483District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
May 2019 – May 2026
Value, last 12 filed months
$654 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-1112020-09-08227863

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
CondensateDisposition6 bbl$552
GasProduction2,083,966 Mcf$6,601,762
Total$6,602,314

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 27.8009, -99.5363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.80093, -99.53632 · 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
6,182 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 6,182 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-4794411949H6,182 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 2026012,924106.413.05$39,364
Apr 2026012,75898.932.87$36,612
Mar 2026013,45189.753.15$42,363
Feb 2026012,43563.503.75$46,635
Jan 2026014,08859.138.00$112,675
Dec 2025014,50356.664.41$64,007
Nov 2025014,44458.593.93$56,714
Oct 2025015,35759.383.30$50,752
Sep 2025015,26862.743.08$46,978
Aug 2025016,30063.933.01$49,141
Jul 2025016,78466.743.32$55,642
Jun 2025016,89166.483.13$52,847
May 2025017,98960.553.23$58,146
Apr 2025018,19262.363.54$64,456
Mar 2025019,50867.704.27$83,266
Feb 2025018,34270.884.34$79,620
Jan 2025121,22974.324.28$90,906
Dec 2024022,38268.993.12$69,863
Nov 2024022,70569.052.20$49,916
Oct 2024124,06871.372.28$54,980
Sep 2024021,87969.612.36$51,730
Aug 2024017,61375.632.06$36,347
Jul 202402,35679.932.15$5,057
Jun 202409,35578.082.63$24,641
May 2024012,34678.812.20$27,142
Apr 202407,03684.451.66$11,674
Mar 2024011,07180.301.55$17,106
Feb 202409,76576.091.78$17,417
Jan 2024011,79573.023.30$38,896
Dec 2023012,34771.262.61$32,235
Nov 2023012,24277.892.81$34,370
Oct 2023013,26085.443.09$40,937
Sep 2023011,05289.042.74$30,228
Aug 2023012,30680.522.67$32,892
Jul 2023013,40574.852.64$35,413
Jun 2023013,91068.962.26$31,415
May 2023014,38870.622.23$32,048
Apr 2023013,55978.122.24$30,342
Mar 2023014,27372.852.39$34,158
Feb 2023013,11975.112.47$32,347
Jan 2023014,66576.533.39$49,681
Dec 2022014,89276.415.73$85,317
Nov 2022015,19285.005.65$85,777
Oct 2022016,09687.185.86$94,383
Sep 2022015,75084.888.16$128,578
Aug 2022016,58094.529.13$151,328
Jul 2022416,927101.587.54$128,071
Jun 2022016,719115.097.98$133,371
May 2022017,645109.378.43$148,801
Apr 2022017,418104.226.84$119,097
Mar 2022018,366108.885.08$93,233
Feb 2022016,93891.054.86$82,299
Jan 2022019,15281.844.54$86,906
Dec 2021019,62771.323.90$76,528
Nov 2021019,45977.435.24$101,904
Oct 2021020,64579.795.71$117,963
Sep 2021020,51669.865.35$109,779
Aug 2021021,78766.024.22$91,954
Jul 2021022,34970.783.98$88,996
Jun 2021022,31269.493.38$75,428
May 2021023,73563.483.02$71,624
Apr 2021023,39360.362.76$64,528
Mar 2021025,52361.302.72$69,344
Feb 2021023,45557.805.55$130,127
Jan 2021026,48350.412.81$74,424
Dec 2020027,67344.642.68$74,038
Nov 2020027,89538.772.71$75,500
Oct 2020029,58836.972.48$73,332
Sep 2020029,96937.091.99$59,669
Aug 2020032,34039.982.39$77,134
Jul 2020033,95538.371.83$61,972
Jun 2020034,55334.901.69$58,405
May 2020036,75316.921.81$66,698
Apr 2020036,94214.751.80$66,657
Mar 2020041,42630.341.86$76,896
Feb 2020042,10249.881.98$83,390
Jan 2020048,59457.252.09$101,792
Dec 2019053,58159.012.30$123,470
Nov 2019057,30355.302.75$157,623
Oct 2019066,70553.472.42$161,329
Sep 2019074,00555.052.66$196,652
Aug 2019089,28953.112.30$205,754
Jul 20190106,53156.272.46$262,073
Jun 20190124,96852.782.49$311,320
May 2019017,47558.482.74$47,887

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               12,924 Mcf  × $  3.05 =    $39,364

────────────────────────────────────────────────────
Month total                                  $39,364

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/288483 is the state's own key, not one this site invented.