STEWART TRUST

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 259654District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.9 M
Aug 2010 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
190
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 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
High Cost Gas112012-09-25206692
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
CondensateDisposition7,817 bbl$703,490
GasProduction2,235,720 Mcf$8,175,691
Total$8,879,180

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 27.8827, -99.5533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.88266, -99.55333 · 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
5,624 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 5,624 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-479405552H5,624 ftAug 2010

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 (190)

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

190 months

May 20260284106.413.05$865
Apr 2026014698.932.87$419
Mar 2026012989.753.15$406
Feb 2026013263.503.75$495
Jan 202601959.138.00$152
Dec 202501856.664.41$79
Nov 2025017058.593.93$667
Oct 2025018159.383.30$598
Sep 2025018062.743.08$554
Aug 2025019163.933.01$576
Jul 2025020866.743.32$690
Jun 2025020366.483.13$635
May 202501360.553.23$42
Apr 2025010062.363.54$354
Mar 2025015167.704.27$645
Feb 2025011870.884.34$512
Jan 202544374.324.28$481
Dec 20240068.993.12$0
Nov 202402169.052.20$46
Oct 20240071.372.28$0
Sep 202407369.612.36$173
Aug 20240075.632.06$0
Jul 20240679.932.15$13
Jun 20240078.082.63$0
May 2024298978.812.20$2,481
Apr 20240084.451.66$0
Mar 202402180.301.55$32
Feb 2024014176.091.78$251
Jan 2024016673.023.30$547
Dec 2023014271.262.61$371
Nov 2023015677.892.81$438
Oct 20230685.443.09$19
Sep 2023012889.042.74$350
Aug 2023012080.522.67$321
Jul 2023011774.852.64$309
Jun 2023013668.962.26$307
May 202301,29970.622.23$2,893
Apr 202301,48078.122.24$3,312
Mar 202301,37972.852.39$3,300
Feb 202301,17775.112.47$2,902
Jan 2023081176.533.39$2,747
Dec 202201,07276.415.73$6,142
Nov 202201,45585.005.65$8,215
Oct 202201,40687.185.86$8,244
Sep 202201,37784.888.16$11,241
Aug 202201,28894.529.13$11,756
Jul 2022181,255101.587.54$11,294
Jun 202201,439115.097.98$11,479
May 202202,222109.378.43$18,738
Apr 202201,646104.226.84$11,255
Mar 202202,211108.885.08$11,224
Feb 202201,75591.054.86$8,527
Jan 202201,93781.844.54$8,789
Dec 202101,95271.323.90$7,611
Nov 202101,87777.435.24$9,830
Oct 202101,94679.795.71$11,119
Sep 202101,82769.865.35$9,776
Aug 202101,94466.024.22$8,205
Jul 202101,48770.783.98$5,921
Jun 202101,68569.493.38$5,696
May 202102,15763.483.02$6,509
Apr 202102,33560.362.76$6,441
Mar 202102,53761.302.72$6,893
Feb 202102,19457.805.55$12,172
Jan 202102,70450.412.81$7,599
Dec 202062,81544.642.68$7,799
Nov 202002,59438.772.71$7,021
Oct 202002,98036.972.48$7,386
Sep 202002,12037.091.99$4,221
Aug 202033,48339.982.39$8,427
Jul 202003,54338.371.83$6,466
Jun 202003,44434.901.69$5,821
May 202003,23216.921.81$5,865
Apr 2020333,56914.751.80$6,927
Mar 202004,02230.341.86$7,466
Feb 202003,30049.881.98$6,536
Jan 202003,80657.252.09$7,973
Dec 201903,54859.012.30$8,176
Nov 201902,92355.302.75$8,040
Oct 201903,85453.472.42$9,321
Sep 201903,80055.052.66$10,098
Aug 201903,98753.112.30$9,187
Jul 201904,06256.272.46$9,993
Jun 201903,63752.782.49$9,060
May 201903,16358.482.74$8,668
Apr 201904,34062.632.75$11,938
Mar 201904,47756.803.06$13,709
Feb 201933,79650.852.79$10,752
Jan 2019164,00546.033.23$13,665
Dec 201824,59646.594.19$19,329
Nov 201844,61752.934.24$19,775
Oct 201825,08061.443.40$17,385
Sep 201854,50359.543.11$14,293
Aug 201813,15659.403.07$9,737
Jul 201843,67065.142.93$11,021
Jun 201845,66460.183.08$17,668
May 201836,72565.382.90$19,704
Apr 2018126,02963.842.90$18,255
Mar 201856,34461.222.79$17,986
Feb 201845,91861.782.77$16,617
Jan 201816,71362.874.01$26,977
Dec 201787,12157.272.92$21,262
Nov 201727,17455.423.12$22,482
Oct 201737,56649.292.98$22,722
Sep 201727,78047.523.09$24,114
Aug 201728,48445.373.00$25,580
Jul 201738,52743.873.09$26,457
Jun 201799,17242.493.09$28,699
May 201768,85045.373.26$29,153
Apr 2017206,90747.933.21$23,141
Mar 201767,45746.772.98$22,530
Feb 2017237,06650.452.95$22,023
Jan 2017197,55349.413.42$26,761
Dec 2016145,57648.763.72$21,441
Nov 201665,81742.492.64$15,637
Oct 2016166,53146.193.09$20,922
Sep 201696,29941.553.10$19,905
Aug 2016116,74641.442.92$20,183
Jul 201685,86041.622.92$17,470
Jun 2016146,97745.352.69$19,374
May 2016147,66242.521.99$15,851
Apr 2016157,93136.561.99$16,339
Mar 2016268,36433.011.79$15,863
Feb 2016128,03826.472.06$16,905
Jan 2016318,13927.352.36$20,091
Dec 2015297,92132.362.00$16,792
Nov 2015135,52838.792.17$12,485
Oct 2015218,35843.552.43$21,196
Sep 201546,61142.992.76$18,408
Aug 2015138,57640.162.87$25,157
Jul 2015128,47248.152.95$25,529
Jun 201568,81156.152.88$25,738
May 2015199,88555.212.96$30,264
Apr 2015116,93249.822.71$19,310
Mar 2015196,76042.892.93$20,654
Feb 2015137,00144.662.98$21,417
Jan 2015274,80343.433.10$16,065
Dec 20141812,60554.693.59$46,254
Nov 20143110,56070.464.25$47,084
Oct 20142412,37978.303.90$50,169
Sep 20142310,71686.164.05$45,333
Aug 2014389,01089.394.04$39,753
Jul 20143613,65396.564.18$60,540
Jun 20147615,42398.164.74$80,517
May 20141217,68594.734.73$84,726
Apr 201413516,38695.944.81$91,754
Mar 201416917,87895.895.06$106,611
Feb 201437017,91797.406.19$146,980
Jan 201436822,48790.404.86$142,570
Dec 201335924,14391.824.35$138,094
Nov 201318329,18188.853.74$125,346
Oct 201340835,86797.423.78$175,302
Sep 201349835,859104.113.72$185,161
Aug 201316237,366104.253.52$148,514
Jul 201330638,653102.523.72$175,073
Jun 201335739,89094.403.93$190,605
May 201343547,22494.834.15$237,187
Apr 201323647,22493.964.28$224,416
Mar 20133127,25293.623.91$109,536
Feb 201313025,19491.233.42$98,021
Jan 20139629,35091.603.42$109,168
Dec 20126831,17786.773.42$112,531
Nov 20123424,23086.953.62$90,789
Oct 2012220,45989.383.40$69,733
Sep 20121522,91994.672.92$68,307
Aug 2012124,03292.662.91$69,982
Jul 2012526,90685.133.02$81,703
Jun 2012225,44479.822.52$64,254
May 2012427,43991.612.49$68,643
Apr 2012428,081101.652.00$56,479
Mar 201213030,856105.052.22$82,221
Feb 20127729,904101.102.57$84,645
Jan 201215132,68498.092.73$104,172
Dec 20118534,41196.873.24$119,717
Nov 201128334,96195.723.31$142,854
Oct 201114036,72684.983.65$145,893
Sep 2011026,84883.623.99$107,011
Aug 2011039,18983.404.15$162,608
Jul 201118736,42494.144.52$182,140
Jun 201137440,67992.904.64$223,490
May 201117547,10398.134.40$224,653
Apr 2011046,649105.964.33$202,143
Mar 2011055,49796.364.06$225,170
Feb 2011051,74485.644.18$216,289
Jan 201119464,58786.504.59$313,157
Dec 201037972,83085.734.35$349,138
Nov 2010077,17280.843.80$292,893
Oct 201038195,10478.103.51$363,466
Sep 2010077,58572.633.98$308,747
Aug 2010011,94673.684.42$52,794

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                  284 Mcf  × $  3.05 =       $865

────────────────────────────────────────────────────
Month total                                     $865

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/259654 is the state's own key, not one this site invented.