STEWART - MICHAEL UNIT

Operated by ARETE OPERATING COMPANY, LLC (P-5 29657) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16563District 01Field 69981125OilCasinghead gasSave
Value, all time
$7.7 M
Nov 2011 – May 2026
Value, last 12 filed months
$176 k
at the published price for each month
Months reported
175
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition95,132 bbl$7,585,221
Casinghead gasProduction42,122 Mcf$141,669
Total$7,726,890

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 28.9069, -99.0273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90695, -99.02731 · 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
5,206 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 5,206 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-1633353515,206 ftNov 2011

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 (175)

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

175 months

May 20261840106.413.05$19,579
Apr 2026202098.932.87$19,984
Mar 2026161089.753.15$14,450
Feb 2026210063.503.75$13,335
Jan 2026222059.138.00$13,127
Dec 2025405056.664.41$22,947
Nov 202544058.593.93$2,578
Oct 202532059.383.30$1,900
Sep 202544062.743.08$2,761
Aug 2025353063.933.01$22,567
Jul 2025396066.743.32$26,429
Jun 2025239066.483.13$15,889
May 2025296060.553.23$17,923
Apr 2025339062.363.54$21,140
Mar 2025251067.704.27$16,993
Feb 2025309070.884.34$21,902
Jan 2025240074.324.28$17,837
Dec 2024340068.993.12$23,457
Nov 2024227069.052.20$15,674
Oct 2024373071.372.28$26,621
Sep 2024192069.612.36$13,365
Aug 2024274075.632.06$20,723
Jul 2024328079.932.15$26,217
Jun 2024279078.082.63$21,784
May 2024352078.812.20$27,741
Apr 2024262084.451.66$22,126
Mar 2024347080.301.55$27,864
Feb 202490076.091.78$6,848
Jan 202478073.023.30$5,696
Dec 2023227071.262.61$16,176
Nov 2023665077.892.81$51,797
Oct 2023543085.443.09$46,394
Sep 20231,283089.042.74$114,238
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019286055.302.75$15,816
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018316061.782.77$19,522
Jan 20180062.874.01$0
Dec 2017170057.272.92$9,736
Nov 2017508055.423.12$28,153
Oct 2017343049.292.98$16,906
Sep 201751926847.523.09$25,490
Aug 201734755445.373.00$17,408
Jul 201733054043.873.09$16,144
Jun 201758143942.493.09$26,042
May 201734045245.373.26$16,901
Apr 2017671047.933.21$32,161
Mar 201734097946.772.98$18,823
Feb 201734085450.452.95$19,675
Jan 201758087849.413.42$31,660
Dec 20165512,67648.763.72$36,829
Nov 201656293542.492.64$26,352
Oct 201670280146.193.09$34,901
Sep 201658783041.553.10$26,963
Aug 201650383141.442.92$23,274
Jul 201649278441.622.92$22,770
Jun 201651718345.352.69$23,937
May 201650586242.521.99$23,189
Apr 201665490436.561.99$25,710
Mar 201665283333.011.79$23,017
Feb 20166281,02226.472.06$18,732
Jan 20167931,35827.352.36$24,899
Dec 201547562832.362.00$16,628
Nov 20159591,50438.792.17$40,459
Oct 201598341943.552.43$43,826
Sep 20150042.992.76$0
Aug 20151763440.162.87$7,166
Jul 20151,06958748.152.95$53,201
Jun 201570534256.152.88$40,572
May 20151,27776955.212.96$72,776
Apr 20157391,27949.822.71$40,279
Mar 20151,0101,39642.892.93$47,416
Feb 20151,0701,26944.662.98$51,563
Jan 20151,1711,42143.433.10$55,263
Dec 20141,8011,44154.693.59$103,672
Nov 20142,0301,62070.464.25$149,922
Oct 201432921578.303.90$26,599
Sep 201463493886.164.05$58,420
Aug 201482481589.394.04$76,946
Jul 201468471496.564.18$69,031
Jun 201486995098.164.74$89,801
May 20141,27776294.734.73$124,572
Apr 20149821,04295.944.81$99,224
Mar 20145111,18995.895.06$55,012
Feb 201463181097.406.19$66,475
Jan 201467057690.404.86$63,368
Dec 2013713091.824.35$65,468
Nov 201384844188.853.74$76,993
Oct 201368858697.423.78$69,240
Sep 2013850631104.113.72$90,839
Aug 20138830104.253.52$92,053
Jul 2013974553102.523.72$101,910
Jun 20131,03455794.403.93$99,801
May 201369254294.834.15$67,871
Apr 201395251093.964.28$91,634
Mar 20131,146093.623.91$107,289
Feb 201399559991.233.42$92,822
Jan 20132,599091.603.42$238,068
Dec 20122,438086.773.42$211,545
Nov 20120086.953.62$0
Oct 2012995089.383.40$88,933
Sep 20122,254094.672.92$213,386
Aug 20122,426092.662.91$224,793
Jul 20122,464085.133.02$209,760
Jun 20122,565079.822.52$204,738
May 20123,058091.612.49$280,143
Apr 20123,4930101.652.00$355,063
Mar 20123,7680105.052.22$395,828
Feb 20124,0820101.102.57$412,690
Jan 20125,315098.092.73$521,348
Dec 20114,249096.873.24$411,601
Nov 20112,171095.723.31$207,808

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
Oil                  184 bbl  × $106.41 =    $19,579
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,579

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. 01/O/16563 is the state's own key, not one this site invented.