STEWART 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268511District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
May 2012 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
169
no gaps in the span
Streams
2
condensate, gas

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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

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
High Cost Gas112013-09-03210692
NGPA1none

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
CondensateDisposition4,217 bbl$358,643
GasProduction551,243 Mcf$1,862,777
Total$2,221,419

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 28.6647, -97.9956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.66467, -97.99556 · 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
13,116 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 13,116 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-0253379501H13,116 ftMay 2012

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 (169)

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

169 months

May 2026012106.413.05$37
Apr 2026030798.932.87$881
Mar 2026049989.753.15$1,572
Feb 2026060563.503.75$2,269
Jan 2026055159.138.00$4,407
Dec 2025061656.664.41$2,719
Nov 2025054958.593.93$2,156
Oct 2025063759.383.30$2,105
Sep 2025076662.743.08$2,357
Aug 202501,21063.933.01$3,648
Jul 2025030066.743.32$995
Jun 2025014766.483.13$460
May 2025054660.553.23$1,765
Apr 2025060562.363.54$2,144
Mar 2025070367.704.27$3,001
Feb 2025060570.884.34$2,626
Jan 2025069474.324.28$2,969
Dec 2024069568.993.12$2,169
Nov 2024068769.052.20$1,510
Oct 2024071071.372.28$1,620
Sep 2024068269.612.36$1,612
Aug 2024067875.632.06$1,399
Jul 2024068279.932.15$1,464
Jun 2024066278.082.63$1,744
May 2024071778.812.20$1,576
Apr 2024063084.451.66$1,045
Mar 2024066580.301.55$1,028
Feb 2024069976.091.78$1,247
Jan 2024071373.023.30$2,351
Dec 2023069071.262.61$1,801
Nov 2023072677.892.81$2,038
Oct 2023075385.443.09$2,325
Sep 2023068889.042.74$1,882
Aug 2023072880.522.67$1,946
Jul 202301,19774.852.64$3,162
Jun 2023048468.962.26$1,093
May 2023055870.622.23$1,243
Apr 2023045878.122.24$1,025
Mar 2023094872.852.39$2,269
Feb 2023095275.112.47$2,347
Jan 2023089476.533.39$3,029
Dec 2022099276.415.73$5,683
Nov 202201,01985.005.65$5,753
Oct 202201,09387.185.86$6,409
Sep 2022047884.888.16$3,902
Aug 2022070594.529.13$6,435
Jul 20220789101.587.54$5,951
Jun 20220710115.097.98$5,664
May 20220913109.378.43$7,699
Apr 20220905104.226.84$6,188
Mar 20220811108.885.08$4,117
Feb 2022087991.054.86$4,271
Jan 2022075081.844.54$3,403
Dec 202101,01471.323.90$3,954
Nov 2021094577.435.24$4,949
Oct 2021066079.795.71$3,771
Sep 2021380469.865.35$4,512
Aug 2021259966.024.22$2,660
Jul 2021078870.783.98$3,138
Jun 2021094969.493.38$3,208
May 2021089763.483.02$2,707
Apr 2021081160.362.76$2,237
Mar 2021064861.302.72$1,761
Feb 2021082757.805.55$4,588
Jan 2021089250.412.81$2,507
Dec 2020095144.642.68$2,544
Nov 2020096838.772.71$2,620
Oct 2020095336.972.48$2,362
Sep 202051,05337.091.99$2,282
Aug 202001,04939.982.39$2,502
Jul 2020077638.371.83$1,416
Jun 202001,02934.901.69$1,739
May 2020095516.921.81$1,733
Apr 2020098614.751.80$1,779
Mar 202001,16430.341.86$2,161
Feb 202001,02149.881.98$2,022
Jan 2020097157.252.09$2,034
Dec 201901,03359.012.30$2,380
Nov 201901,12755.302.75$3,100
Oct 201901,05153.472.42$2,542
Sep 201901,17355.052.66$3,117
Aug 201901,37953.112.30$3,178
Jul 201901,16456.272.46$2,864
Jun 201901,22152.782.49$3,042
May 201901,31758.482.74$3,609
Apr 201901,36062.632.75$3,741
Mar 201901,38456.803.06$4,238
Feb 201901,18850.852.79$3,317
Jan 201901,35546.033.23$4,374
Dec 201801,38246.594.19$5,784
Nov 201801,31752.934.24$5,580
Oct 201801,32761.443.40$4,509
Sep 201801,42659.543.11$4,432
Aug 201801,51459.403.07$4,643
Jul 201801,42665.142.93$4,181
Jun 201801,42860.183.08$4,394
May 201801,50165.382.90$4,354
Apr 201801,43063.842.90$4,148
Mar 201801,49861.222.79$4,175
Feb 201801,47261.782.77$4,072
Jan 201801,63362.874.01$6,547
Dec 201701,73557.272.92$5,069
Nov 201701,71355.423.12$5,342
Oct 201701,71349.292.98$5,111
Sep 201701,95047.523.09$6,020
Aug 201701,39445.373.00$4,188
Jul 201701,87543.873.09$5,789
Jun 201701,84542.493.09$5,696
May 201701,89245.373.26$6,174
Apr 201701,91747.933.21$6,157
Mar 201702,03546.772.98$6,072
Feb 201701,86150.452.95$5,495
Jan 201701,96449.413.42$6,715
Dec 201602,04148.763.72$7,598
Nov 201602,08342.492.64$5,508
Oct 201602,06746.193.09$6,388
Sep 201602,25041.553.10$6,976
Aug 201602,20541.442.92$6,448
Jul 201602,40541.622.92$7,033
Jun 201602,41445.352.69$6,484
May 201602,49542.521.99$4,968
Apr 201602,47336.561.99$4,924
Mar 201602,60433.011.79$4,672
Feb 201602,54326.472.06$5,248
Jan 201602,60327.352.36$6,154
Dec 201502,55032.362.00$5,104
Nov 201502,68138.792.17$5,811
Oct 201502,99143.552.43$7,258
Sep 2015182,90542.992.76$8,787
Aug 2015642,99040.162.87$11,159
Jul 2015393,26548.152.95$11,494
Jun 2015523,27656.152.88$12,364
May 2015583,56055.212.96$13,724
Apr 2015533,59349.822.71$12,365
Mar 2015603,69342.892.93$13,411
Feb 2015863,38744.662.98$13,921
Jan 2015732,83743.433.10$11,967
Dec 2014363,70354.693.59$15,268
Nov 2014363,03870.464.25$15,454
Oct 2014373,33278.303.90$15,895
Sep 2014544,21586.164.05$21,704
Aug 2014463,84789.394.04$19,635
Jul 2014774,40796.564.18$25,855
Jun 2014995,05598.164.74$33,663
May 2014414,72594.734.73$26,217
Apr 2014934,58895.944.81$30,987
Mar 2014826,19595.895.06$39,190
Feb 2014666,99297.406.19$49,723
Jan 2014859,19790.404.86$52,388
Dec 2013284,81591.824.35$23,538
Nov 2013818,33588.853.74$38,355
Oct 2013788,88897.423.78$41,190
Sep 20136910,302104.113.72$45,484
Aug 2013709,857104.253.52$42,020
Jul 20131279,830102.523.72$49,565
Jun 2013729,35794.403.93$43,602
May 201315212,67694.834.15$67,008
Apr 201310612,38593.964.28$63,000
Mar 201312013,60393.623.91$64,461
Feb 201311413,04891.233.42$55,023
Jan 201314316,46191.603.42$69,394
Dec 201213214,20086.773.42$60,020
Nov 201214514,61086.953.62$65,568
Oct 201216818,06589.383.40$76,431
Sep 201217521,86594.672.92$80,378
Aug 201223127,57992.662.91$101,609
Jul 201228231,85185.133.02$120,222
Jun 201248840,02579.822.52$139,777
May 201217115,88491.612.49$55,190

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 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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. 02/G/268511 is the state's own key, not one this site invented.