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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 288666District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jul 2019 – May 2026
Value, last 12 filed months
$851 k
at the published price for each month
Months reported
83
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-1112020-09-08227862

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
CondensateDisposition4,340 bbl$272,343
GasProduction2,205,757 Mcf$6,995,421
Total$7,267,763

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 27.8387, -99.5826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.83871, -99.58262 · 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
5,366 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 5,366 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-4794411848H5,366 ftJul 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 (83)

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

83 months

May 2026013,774106.413.05$41,953
Apr 20264613,97898.932.87$44,664
Mar 2026015,11789.753.15$47,610
Feb 202611214,09863.503.75$59,984
Jan 2026016,68159.138.00$133,413
Dec 2025017,97356.664.41$79,321
Nov 2025018,44858.593.93$72,435
Oct 20256720,25559.383.30$70,918
Sep 2025020,32162.743.08$62,526
Aug 20254621,96963.933.01$69,172
Jul 202518722,75466.743.32$87,914
Jun 20256624,45566.483.13$80,901
May 20258026,96060.553.23$91,987
Apr 20255027,94262.363.54$102,120
Mar 20256430,65367.704.27$135,170
Feb 202519729,98070.884.34$144,102
Jan 202510334,42874.324.28$154,961
Dec 202430939,21268.993.12$143,713
Nov 20246640,28469.052.20$93,119
Oct 202419440,61571.372.28$106,505
Sep 202418725,49169.612.36$73,287
Aug 2024022,13975.632.06$45,687
Jul 2024306679.932.15$2,540
Jun 20241615,59678.082.63$42,329
May 202413518,10878.812.20$50,449
Apr 2024011,78184.451.66$19,547
Mar 20245316,26980.301.55$29,394
Feb 2024015,52676.091.78$27,693
Jan 2024016,83073.023.30$55,500
Dec 2023017,17971.262.61$44,850
Nov 20237516,83877.892.81$53,115
Oct 2023017,41985.443.09$53,777
Sep 2023016,84189.042.74$46,061
Aug 202325118,03280.522.67$68,408
Jul 2023018,72774.852.64$49,473
Jun 2023019,54868.962.26$44,149
May 2023020,85570.622.23$46,452
Apr 2023021,15378.122.24$47,335
Mar 2023021,39172.852.39$51,192
Feb 202309,27675.112.47$22,872
Jan 20230076.533.39$0
Dec 202244076.415.73$3,362
Nov 202209,77885.005.65$55,209
Oct 2022016,97787.185.86$99,549
Sep 2022016,68684.888.16$136,219
Aug 2022017,54294.529.13$160,109
Jul 2022917,311101.587.54$131,475
Jun 2022017,750115.097.98$141,595
May 2022018,747109.378.43$158,094
Apr 20225318,519104.226.84$132,149
Mar 20222619,510108.885.08$101,871
Feb 2022017,99891.054.86$87,449
Jan 20226320,36381.844.54$97,557
Dec 2021020,92171.323.90$81,573
Nov 2021020,76577.435.24$108,743
Oct 2021021,97779.795.71$125,574
Sep 2021021,80569.865.35$116,677
Aug 20218723,18666.024.22$103,602
Jul 2021023,84470.783.98$94,949
Jun 2021023,97569.493.38$81,050
May 2021025,24963.483.02$76,193
Apr 2021024,82360.362.76$68,472
Mar 20217926,59961.302.72$77,111
Feb 2021024,19557.805.55$134,233
Jan 20216428,14350.412.81$82,316
Dec 2020029,58644.642.68$79,156
Nov 20206630,02938.772.71$83,834
Oct 2020031,89436.972.48$79,047
Sep 2020832,58137.091.99$65,167
Aug 20204135,23539.982.39$85,678
Jul 202013336,99038.371.83$72,614
Jun 2020037,98934.901.69$64,213
May 2020041,16416.921.81$74,702
Apr 202012541,41114.751.80$76,565
Mar 202014946,73030.341.86$91,262
Feb 20204548,20449.881.98$97,721
Jan 202013456,58957.252.09$126,211
Dec 201911064,19759.012.30$154,424
Nov 20199870,95555.302.75$200,595
Oct 201917885,57953.472.42$216,494
Sep 201926097,32255.052.66$272,925
Aug 2019234106,96953.112.30$258,923
Jul 201906,70856.272.46$16,502

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               13,774 Mcf  × $  3.05 =    $41,953

────────────────────────────────────────────────────
Month total                                  $41,953

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/288666 is the state's own key, not one this site invented.