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 260909District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Jun 2010 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
192
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 Gas112013-02-09208559
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
CondensateDisposition1,154 bbl$73,144
GasProduction2,207,404 Mcf$7,170,715
Total$7,243,860

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 27.8915, -99.5258. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89149, -99.52580 · 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
5,807 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 5,807 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-479409333H5,807 ftFeb 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 (192)

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

192 months

May 202601,503106.413.05$4,578
Apr 202601,84898.932.87$5,303
Mar 202602,27989.753.15$7,178
Feb 202602,28963.503.75$8,584
Jan 202602,16859.138.00$17,339
Dec 202501,73456.664.41$7,653
Nov 202501,48858.593.93$5,843
Oct 2025059259.383.30$1,956
Sep 2025079562.743.08$2,446
Aug 2025088063.933.01$2,653
Jul 2025089166.743.32$2,954
Jun 202501,02666.483.13$3,210
May 202501,57760.553.23$5,097
Apr 2025097762.363.54$3,462
Mar 2025084967.704.27$3,624
Feb 202501,11970.884.34$4,857
Jan 202511,55374.324.28$6,719
Dec 202401,57868.993.12$4,926
Nov 202401,42569.052.20$3,133
Oct 202401,47971.372.28$3,374
Sep 202401,43869.612.36$3,400
Aug 202401,78275.632.06$3,677
Jul 202401,78579.932.15$3,832
Jun 202402,06778.082.63$5,444
May 202402,52578.812.20$5,551
Apr 2024095184.451.66$1,578
Mar 202401,80480.301.55$2,787
Feb 202401,72576.091.78$3,077
Jan 202402,74373.023.30$9,045
Dec 202302,96871.262.61$7,749
Nov 202302,91877.892.81$8,192
Oct 202303,01985.443.09$9,321
Sep 202302,82989.042.74$7,737
Aug 202302,91580.522.67$7,791
Jul 202302,93974.852.64$7,764
Jun 202302,99268.962.26$6,757
May 202303,18470.622.23$7,092
Apr 202303,08878.122.24$6,910
Mar 202303,11072.852.39$7,443
Feb 202302,82475.112.47$6,963
Jan 202303,00476.533.39$10,177
Dec 202203,01276.415.73$17,256
Nov 202203,02285.005.65$17,063
Oct 202203,12287.185.86$18,307
Sep 202203,06284.888.16$24,997
Aug 202203,18794.529.13$29,088
Jul 202203,234101.587.54$24,391
Jun 202203,143115.097.98$25,072
May 202203,297109.378.43$27,804
Apr 202203,214104.226.84$21,976
Mar 202203,333108.885.08$16,920
Feb 202203,01691.054.86$14,654
Jan 202203,38181.844.54$15,342
Dec 202103,43771.323.90$13,401
Nov 202103,35177.435.24$17,549
Oct 202103,49079.795.71$19,941
Sep 202103,39769.865.35$18,177
Aug 202103,55466.024.22$15,000
Jul 202103,57070.783.98$14,216
Jun 202103,48069.493.38$11,765
May 202103,61663.483.02$10,912
Apr 202103,53460.362.76$9,748
Mar 202103,66561.302.72$9,958
Feb 202103,35257.805.55$18,597
Jan 202103,72850.412.81$10,477
Dec 202003,79044.642.68$10,140
Nov 202003,67038.772.71$9,933
Oct 202003,81336.972.48$9,450
Sep 202003,70337.091.99$7,373
Aug 202003,85039.982.39$9,183
Jul 202003,86238.371.83$7,049
Jun 202003,76034.901.69$6,356
May 202003,96616.921.81$7,197
Apr 202003,98214.751.80$7,185
Mar 202004,42730.341.86$8,218
Feb 202004,26349.881.98$8,444
Jan 202004,33157.252.09$9,072
Dec 201904,45359.012.30$10,261
Nov 201904,61355.302.75$12,689
Oct 201904,96053.472.42$11,996
Sep 201904,97655.052.66$13,223
Aug 201904,80153.112.30$11,063
Jul 201904,73356.272.46$11,643
Jun 201904,72752.782.49$11,776
May 201905,00058.482.74$13,702
Apr 201904,81462.632.75$13,242
Mar 201905,07756.803.06$15,546
Feb 201904,94050.852.79$13,794
Jan 201985,38846.033.23$17,762
Dec 201805,29346.594.19$22,154
Nov 201805,14152.934.24$21,784
Oct 201805,91061.443.40$20,083
Sep 201806,80059.543.11$21,134
Aug 201806,98859.403.07$21,429
Jul 201807,42265.142.93$21,760
Jun 201807,79960.183.08$23,997
May 201808,93565.382.90$25,919
Apr 201868,21163.842.90$24,202
Mar 201808,69461.222.79$24,229
Feb 201808,18361.782.77$22,635
Jan 201809,35762.874.01$37,515
Dec 2017259,08857.272.92$27,983
Nov 2017010,02655.423.12$31,265
Oct 2017011,01049.292.98$32,850
Sep 2017010,06747.523.09$31,080
Aug 2017312,14145.373.00$36,613
Jul 2017412,22643.873.09$37,921
Jun 2017713,06642.493.09$40,636
May 2017512,60245.373.26$41,352
Apr 20172310,21647.933.21$33,912
Mar 2017710,80246.772.98$32,557
Feb 2017259,96850.452.95$30,693
Jan 20172211,08449.413.42$38,981
Dec 20161510,62648.763.72$40,290
Nov 2016510,87342.492.64$28,964
Oct 20161810,18446.193.09$32,303
Sep 2016910,00841.553.10$31,405
Aug 20161410,47941.442.92$31,224
Jul 2016511,00941.622.92$32,402
Jun 20161711,03445.352.69$30,406
May 20162011,83942.521.99$24,422
Apr 20161811,85336.561.99$24,258
Mar 20163312,45833.011.79$23,439
Feb 20161411,92426.472.06$24,977
Jan 20164112,64027.352.36$31,007
Dec 20154012,76632.362.00$26,844
Nov 20151712,77138.792.17$28,338
Oct 20152613,52143.552.43$33,942
Sep 2015712,37542.992.76$34,436
Aug 20152313,83240.162.87$40,656
Jul 20151914,00748.152.95$42,167
Jun 20151014,33856.152.88$41,896
May 20153215,48555.212.96$47,532
Apr 20152014,03549.822.71$38,983
Mar 20153615,47042.892.93$46,944
Feb 20152313,85644.662.98$42,265
Jan 20153613,67743.433.10$43,971
Dec 20141810,78154.693.59$39,703
Nov 20145316,19870.464.25$72,606
Oct 20142918,09778.303.90$72,866
Sep 2014209,98186.164.05$42,101
Aug 20142711,98589.394.04$50,774
Jul 2014138,41396.564.18$36,418
Jun 2014288,80098.164.74$44,433
May 20144411,71694.734.73$59,545
Apr 20145812,87795.944.81$67,492
Mar 20141917,80495.895.06$91,853
Feb 2014019,93197.406.19$123,413
Jan 2014028,25890.404.86$137,354
Dec 2013031,07191.824.35$135,298
Nov 2013033,93188.853.74$126,844
Oct 2013037,55897.423.78$141,945
Sep 2013036,031104.113.72$133,954
Aug 2013039,881104.253.52$140,485
Jul 2013042,008102.523.72$156,175
Jun 2013043,16694.403.93$169,790
May 2013047,19494.834.15$195,812
Apr 2013045,89693.964.28$196,554
Mar 2013635,11193.623.91$137,947
Feb 20136831,25091.233.42$113,076
Jan 20137556,64991.603.42$200,604
Dec 20124253,47386.773.42$186,531
Nov 2012259,79586.953.62$216,928
Oct 2012264,62689.383.40$219,886
Sep 2012366,73994.672.92$195,055
Aug 2012173,25992.662.91$213,142
Jul 2012377,80685.133.02$235,292
Jun 2012279,68079.822.52$200,877
May 2012389,71191.612.49$223,505
Apr 2012493,936101.652.00$187,978
Mar 2012097,515105.052.22$216,686
Feb 201207,432101.102.57$19,102
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0

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                1,503 Mcf  × $  3.05 =     $4,578

────────────────────────────────────────────────────
Month total                                   $4,578

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/260909 is the state's own key, not one this site invented.