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 266968District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Sep 2011 – May 2026
Value, last 12 filed months
$66 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 Gas112013-08-09209643
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
CondensateDisposition3,352 bbl$253,236
GasProduction2,735,036 Mcf$9,124,981
Total$9,378,217

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 27.8865, -99.5215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.88647, -99.52148 · 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
5,871 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 5,871 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-479411988H5,871 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 202601,398106.413.05$4,258
Apr 2026085198.932.87$2,442
Mar 202601,41789.753.15$4,463
Feb 2026082463.503.75$3,090
Jan 202601,04959.138.00$8,390
Dec 202501,07956.664.41$4,762
Nov 202501,01958.593.93$4,001
Oct 202501,84559.383.30$6,097
Sep 202502,09862.743.08$6,455
Aug 202502,38163.933.01$7,178
Jul 202502,31666.743.32$7,678
Jun 202502,33866.483.13$7,315
May 202502,38660.553.23$7,712
Apr 202502,42162.363.54$8,578
Mar 202502,03067.704.27$8,665
Feb 202502,02070.884.34$8,769
Jan 2025142,25474.324.28$10,685
Dec 202401,97968.993.12$6,177
Nov 202402,23269.052.20$4,907
Oct 202402,47671.372.28$5,649
Sep 202401,45169.612.36$3,431
Aug 202402,32075.632.06$4,788
Jul 202401,51479.932.15$3,250
Jun 202402,28178.082.63$6,008
May 2024322,99878.812.20$9,113
Apr 202401,31984.451.66$2,188
Mar 202402,50380.301.55$3,867
Feb 202402,35376.091.78$4,197
Jan 202402,53073.023.30$8,343
Dec 202302,57171.262.61$6,712
Nov 202302,53677.892.81$7,120
Oct 202302,67885.443.09$8,268
Sep 202302,46289.042.74$6,734
Aug 202302,72080.522.67$7,270
Jul 202302,64274.852.64$6,980
Jun 202302,93768.962.26$6,633
May 202303,15970.622.23$7,036
Apr 202303,12378.122.24$6,989
Mar 202303,18172.852.39$7,613
Feb 202302,72675.112.47$6,721
Jan 202302,86976.533.39$9,719
Dec 202202,75876.415.73$15,801
Nov 202202,82685.005.65$15,956
Oct 202202,81787.185.86$16,518
Sep 202202,85684.888.16$23,315
Aug 202203,03894.529.13$27,728
Jul 2022203,078101.587.54$25,246
Jun 202203,029115.097.98$24,163
May 202203,202109.378.43$27,003
Apr 202203,129104.226.84$21,395
Mar 202203,197108.885.08$16,229
Feb 202202,97191.054.86$14,436
Jan 202203,32581.844.54$15,088
Dec 202103,40071.323.90$13,257
Nov 202103,27377.435.24$17,140
Oct 202103,50379.795.71$20,016
Sep 202103,41069.865.35$18,247
Aug 202103,60166.024.22$15,198
Jul 202103,60170.783.98$14,339
Jun 202103,41469.493.38$11,541
May 202103,47963.483.02$10,498
Apr 202103,45560.362.76$9,530
Mar 202103,55761.302.72$9,664
Feb 202103,59257.805.55$19,928
Jan 202104,07950.412.81$11,463
Dec 202084,05944.642.68$11,217
Nov 202003,99938.772.71$10,824
Oct 202004,15336.972.48$10,293
Sep 202004,27537.091.99$8,512
Aug 202054,42939.982.39$10,764
Jul 202004,48738.371.83$8,189
Jun 202004,41934.901.69$7,469
May 202004,70616.921.81$8,540
Apr 2020694,64214.751.80$9,394
Mar 202004,90230.341.86$9,099
Feb 202004,69449.881.98$9,297
Jan 202005,00457.252.09$10,482
Dec 201904,80059.012.30$11,061
Nov 201905,19355.302.75$14,284
Oct 201905,64753.472.42$13,658
Sep 201905,71355.052.66$15,181
Aug 201906,02753.112.30$13,888
Jul 201906,03456.272.46$14,844
Jun 201905,94252.782.49$14,803
May 201906,31658.482.74$17,308
Apr 201906,33362.632.75$17,420
Mar 201906,40956.803.06$19,625
Feb 201905,85450.852.79$16,346
Jan 2019476,57446.033.23$23,385
Dec 201806,87646.594.19$28,779
Nov 201806,81552.934.24$28,877
Oct 201807,31961.443.40$24,871
Sep 201809,40759.543.11$29,237
Aug 201807,91959.403.07$24,284
Jul 201808,58365.142.93$25,164
Jun 201807,50860.183.08$23,102
May 201808,52865.382.90$24,738
Apr 2018248,64963.842.90$26,621
Mar 201809,06061.222.79$25,249
Feb 201808,38761.782.77$23,199
Jan 2018010,43162.874.01$41,821
Dec 2017179,84057.272.92$29,721
Nov 2017010,24155.423.12$31,935
Oct 2017010,63949.292.98$31,743
Sep 201709,69347.523.09$29,925
Aug 2017411,33145.373.00$34,224
Jul 2017612,96143.873.09$40,277
Jun 20171014,99142.493.09$46,706
May 2017714,14845.373.26$46,488
Apr 20173310,53747.933.21$35,422
Mar 20171111,64646.772.98$35,262
Feb 2017379,45950.452.95$29,795
Jan 20173211,99249.413.42$42,579
Dec 20162113,10548.763.72$49,812
Nov 2016813,30642.492.64$35,526
Oct 20162611,96046.193.09$38,160
Sep 20161210,40941.553.10$32,773
Aug 20162011,38441.442.92$34,119
Jul 2016912,59141.622.92$37,195
Jun 20162312,63345.352.69$34,973
May 20162814,01842.521.99$29,101
Apr 20162414,05536.561.99$28,862
Mar 20164514,79033.011.79$28,019
Feb 20161814,18326.472.06$29,745
Jan 20165514,83827.352.36$36,587
Dec 20155214,82432.362.00$31,352
Nov 20151914,59438.792.17$32,367
Oct 20153515,51543.552.43$39,173
Sep 20151214,80642.992.76$41,357
Aug 20154016,22540.162.87$48,213
Jul 20153516,06748.152.95$49,004
Jun 20151816,29456.152.88$47,984
May 20155717,55255.212.96$55,021
Apr 20153716,01949.822.71$45,200
Mar 20156316,21042.892.93$50,274
Feb 20154214,42144.662.98$44,795
Jan 20158224,17243.433.10$78,510
Dec 20144624,27054.693.59$89,678
Nov 20149621,37370.464.25$97,639
Oct 20145521,79378.303.90$89,320
Sep 20143920,91386.164.05$87,963
Aug 20144121,52589.394.04$90,521
Jul 2014822,96596.564.18$96,757
Jun 2014724,20798.164.74$115,353
May 20145327,32694.734.73$134,179
Apr 20146624,87995.944.81$125,978
Mar 20142828,47195.895.06$146,657
Feb 2014027,82597.406.19$172,292
Jan 2014046,24690.404.86$224,789
Dec 2013035,14291.824.35$153,025
Nov 2013037,50488.853.74$140,200
Oct 2013040,37697.423.78$152,595
Sep 2013039,307104.113.72$146,133
Aug 2013041,846104.253.52$147,407
Jul 2013043,316102.523.72$161,038
Jun 2013043,98794.403.93$173,019
May 2013047,16294.834.15$195,679
Apr 2013046,58893.964.28$199,517
Mar 20131140,92193.623.91$161,148
Feb 201310429,47491.233.42$110,286
Jan 201312150,96491.603.42$185,376
Dec 20127451,34186.773.42$182,015
Nov 2012754,03086.953.62$196,465
Oct 2012458,16889.383.40$198,110
Sep 2012758,46594.672.92$171,287
Aug 2012360,63392.662.91$176,608
Jul 2012537,86185.133.02$114,796
Jun 2012565,83679.822.52$166,243
May 2012771,02591.612.49$177,374
Apr 2012871,647101.652.00$143,878
Mar 20121165,765105.052.22$147,291
Feb 20129035,981101.102.57$101,579
Jan 201241990,67298.092.73$289,004
Dec 201124599,52196.873.24$346,155
Nov 2011425108,32295.723.31$399,365
Oct 201121055,13184.983.65$218,993
Sep 2011058,84083.623.99$234,524

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                1,398 Mcf  × $  3.05 =     $4,258

────────────────────────────────────────────────────
Month total                                   $4,258

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/266968 is the state's own key, not one this site invented.