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 266533District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Sep 2011 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
177
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 Gas112013-03-26209347
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
CondensateDisposition7,152 bbl$616,110
GasProduction2,579,718 Mcf$8,591,580
Total$9,207,689

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 27.8769, -99.5509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.87688, -99.55090 · 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
5,664 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 5,664 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-479413479H5,664 ftSep 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 (177)

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

177 months

May 202602,190106.413.05$6,670
Apr 202602,25998.932.87$6,483
Mar 202602,20589.753.15$6,945
Feb 202602,18463.503.75$8,191
Jan 202601,90059.138.00$15,196
Dec 202502,06656.664.41$9,118
Nov 202502,69258.593.93$10,570
Oct 202502,66959.383.30$8,821
Sep 202502,23362.743.08$6,871
Aug 202501,88863.933.01$5,692
Jul 202502,16966.743.32$7,191
Jun 202502,36566.483.13$7,399
May 202502,66460.553.23$8,611
Apr 202502,06562.363.54$7,317
Mar 202502,74467.704.27$11,712
Feb 202502,50470.884.34$10,869
Jan 202541,29174.324.28$5,821
Dec 202401,90068.993.12$5,931
Nov 202402,05969.052.20$4,527
Oct 202401,92171.372.28$4,383
Sep 202402,40069.612.36$5,674
Aug 202401,80175.632.06$3,717
Jul 2024013879.932.15$296
Jun 202402,41278.082.63$6,353
May 20241776878.812.20$3,028
Apr 202401,60584.451.66$2,663
Mar 202403,29280.301.55$5,087
Feb 202403,16076.091.78$5,636
Jan 202403,32273.023.30$10,955
Dec 202303,52071.262.61$9,190
Nov 202303,48377.892.81$9,779
Oct 202303,64685.443.09$11,256
Sep 202303,15889.042.74$8,637
Aug 202303,61680.522.67$9,665
Jul 202303,31674.852.64$8,760
Jun 202303,65968.962.26$8,264
May 202303,55070.622.23$7,907
Apr 202303,11278.122.24$6,964
Mar 202303,02472.852.39$7,237
Feb 202302,85075.112.47$7,027
Jan 202302,11676.533.39$7,168
Dec 202201,57076.415.73$8,995
Nov 202203,18385.005.65$17,972
Oct 202203,97387.185.86$23,297
Sep 202203,90984.888.16$31,912
Aug 202204,20694.529.13$38,389
Jul 2022114,338101.587.54$33,835
Jun 202204,270115.097.98$34,063
May 202204,481109.378.43$37,788
Apr 202204,189104.226.84$28,643
Mar 202204,361108.885.08$22,138
Feb 202204,08891.054.86$19,863
Jan 202204,62181.844.54$20,969
Dec 202104,63871.323.90$18,084
Nov 202104,61477.435.24$24,163
Oct 202104,53779.795.71$25,924
Sep 202104,63869.865.35$24,818
Aug 202104,92866.024.22$20,799
Jul 202105,37970.783.98$21,420
Jun 202105,21369.493.38$17,623
May 202105,44663.483.02$16,434
Apr 202105,53960.362.76$15,279
Mar 202105,15661.302.72$14,009
Feb 202104,63857.805.55$25,731
Jan 202105,57350.412.81$15,662
Dec 202034,63944.642.68$12,545
Nov 202004,08438.772.71$11,054
Oct 202003,97236.972.48$9,844
Sep 202004,16837.091.99$8,299
Aug 202034,33539.982.39$10,459
Jul 202004,53738.371.83$8,281
Jun 202004,69434.901.69$7,934
May 202005,24016.921.81$9,509
Apr 2020375,39114.751.80$10,273
Mar 202005,52730.341.86$10,259
Feb 202005,26249.881.98$10,422
Jan 202006,21657.252.09$13,021
Dec 201905,93859.012.30$13,683
Nov 201905,89955.302.75$16,226
Oct 201906,43153.472.42$15,554
Sep 201906,51455.052.66$17,310
Aug 201906,82753.112.30$15,732
Jul 201906,93556.272.46$17,061
Jun 201906,62652.782.49$16,507
May 201907,08758.482.74$19,421
Apr 201907,32862.632.75$20,157
Mar 201907,81856.803.06$23,940
Feb 201907,16450.852.79$20,003
Jan 2019289,07746.033.23$30,591
Dec 2018010,00246.594.19$41,863
Nov 201809,98552.934.24$42,309
Oct 2018010,62561.443.40$36,105
Sep 2018011,73759.543.11$36,479
Aug 2018010,17559.403.07$31,202
Jul 2018011,09365.142.93$32,523
Jun 201808,89460.183.08$27,366
May 201808,01465.382.90$23,247
Apr 2018187,93163.842.90$24,155
Mar 201808,38061.222.79$23,354
Feb 201807,76861.782.77$21,487
Jan 201808,78562.874.01$35,222
Dec 2017139,01057.272.92$27,067
Nov 201708,86755.423.12$27,651
Oct 201709,43349.292.98$28,145
Sep 201709,26147.523.09$28,591
Aug 201749,96645.373.00$30,123
Jul 2017510,20243.873.09$31,716
Jun 20171010,11842.493.09$31,662
May 2017710,37145.373.26$34,162
Apr 2017329,41147.933.21$31,758
Mar 2017109,91446.772.98$30,048
Feb 2017359,04850.452.95$28,481
Jan 20173110,02649.413.42$35,809
Dec 2016219,55048.763.72$36,577
Nov 2016710,08242.492.64$26,958
Oct 20162510,89446.193.09$34,820
Sep 20161210,86541.553.10$34,187
Aug 20161911,43241.442.92$34,218
Jul 2016811,82641.622.92$34,916
Jun 20162311,71545.352.69$32,508
May 20162712,54442.521.99$26,124
Apr 20162412,51536.561.99$25,795
Mar 20164413,15833.011.79$25,058
Feb 20161812,61026.472.06$26,499
Jan 20165413,32927.352.36$32,991
Dec 20155013,30232.362.00$28,241
Nov 20151913,41738.792.17$29,816
Oct 20153414,07443.552.43$35,632
Sep 20151213,69742.992.76$38,298
Aug 20153814,83640.162.87$44,142
Jul 20153314,89148.152.95$45,444
Jun 20151615,05756.152.88$44,306
May 20155316,12555.212.96$50,583
Apr 20153414,95549.822.71$42,171
Mar 20155915,33842.892.93$47,543
Feb 20153913,92344.662.98$43,179
Jan 20157516,12843.433.10$53,264
Dec 20144318,54754.693.59$68,961
Nov 20149118,63170.464.25$85,628
Oct 20145319,90178.303.90$81,783
Sep 20144219,11986.164.05$80,963
Aug 20146219,54989.394.04$84,425
Jul 20144120,24796.564.18$88,583
Jun 20147519,20498.164.74$98,329
May 20145623,38494.734.73$115,831
Apr 20146718,56195.944.81$95,690
Mar 20143229,21095.895.06$150,778
Feb 2014029,72197.406.19$184,032
Jan 2014028,94590.404.86$140,694
Dec 2013034,94091.824.35$152,146
Nov 2013043,27588.853.74$161,774
Oct 2013046,49597.423.78$175,721
Sep 2013044,298104.113.72$164,688
Aug 2013049,095104.253.52$172,943
Jul 2013033,751102.523.72$125,477
Jun 2013031,93494.403.93$125,610
May 2013035,84494.834.15$148,720
Apr 2013030,90293.964.28$132,341
Mar 2013725,77493.623.91$101,506
Feb 20136927,79391.233.42$101,344
Jan 20137545,81991.603.42$163,567
Dec 20124245,64086.773.42$159,740
Nov 201243246,56386.953.62$206,351
Oct 201230149,69189.383.40$195,837
Sep 201249749,48394.672.92$191,462
Aug 201217747,80492.662.91$155,423
Jul 201246345,81085.133.02$177,798
Jun 201235459,96479.822.52$179,308
May 201252965,08991.612.49$210,424
Apr 201257566,346101.652.00$190,928
Mar 201275465,708105.052.22$225,216
Feb 201212157,243101.102.57$159,361
Jan 201237881,79398.092.73$260,707
Dec 201122688,83496.873.24$309,692
Nov 201138799,50695.723.31$366,536
Oct 201119148,54684.983.65$193,353
Sep 2011050,36783.623.99$200,753

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                2,190 Mcf  × $  3.05 =     $6,670

────────────────────────────────────────────────────
Month total                                   $6,670

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/266533 is the state's own key, not one this site invented.