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 269757District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Dec 2012 – May 2026
Value, last 12 filed months
$199 k
at the published price for each month
Months reported
162
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 Gas112013-11-19211424
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
CondensateDisposition2,397 bbl$195,658
GasProduction1,967,280 Mcf$6,879,258
Total$7,074,916

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 27.8800, -99.5526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.87999, -99.55264 · 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
5,661 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 5,661 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-4794215719H5,661 ftMar 2013

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 (162)

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

162 months

May 202603,583106.413.05$10,913
Apr 202602,71998.932.87$7,803
Mar 202605,21689.753.15$16,427
Feb 202604,24963.503.75$15,935
Jan 202604,76559.138.00$38,110
Dec 202504,18356.664.41$18,461
Nov 202504,58758.593.93$18,011
Oct 202504,77159.383.30$15,767
Sep 202505,00262.743.08$15,391
Aug 202505,49863.933.01$16,575
Jul 202503,13166.743.32$10,380
Jun 202504,99466.483.13$15,625
May 202504,45360.553.23$14,394
Apr 202505,99162.363.54$21,227
Mar 202506,98467.704.27$29,810
Feb 202502,19570.884.34$9,528
Jan 202503,23774.324.28$13,850
Dec 202405,59568.993.12$17,464
Nov 202406,23269.052.20$13,701
Oct 202405,27771.372.28$12,039
Sep 202407,14569.612.36$16,893
Aug 202408,34175.632.06$17,213
Jul 202405,99179.932.15$12,860
Jun 202407,50478.082.63$19,765
May 202406,11878.812.20$13,450
Apr 202402,89884.451.66$4,808
Mar 202405,88180.301.55$9,087
Feb 202405,37676.091.78$9,589
Jan 202405,61973.023.30$18,530
Dec 202305,86671.262.61$15,314
Nov 202305,85277.892.81$16,430
Oct 202306,14685.443.09$18,974
Sep 202305,70989.042.74$15,614
Aug 202305,90680.522.67$15,786
Jul 202305,93374.852.64$15,674
Jun 202305,65468.962.26$12,769
May 2023125,47270.622.23$13,036
Apr 202305,42678.122.24$12,142
Mar 202305,52872.852.39$13,229
Feb 202305,03375.112.47$12,410
Jan 202306,17176.533.39$20,906
Dec 202206,20576.415.73$35,549
Nov 202205,49985.005.65$31,048
Oct 202205,29487.185.86$31,043
Sep 202205,27584.888.16$43,063
Aug 202206,25894.529.13$57,118
Jul 202206,339101.587.54$47,809
Jun 2022125,991115.097.98$49,172
May 202206,171109.378.43$52,040
Apr 202206,230104.226.84$42,598
Mar 202206,205108.885.08$31,499
Feb 202205,57191.054.86$27,069
Jan 202206,32881.844.54$28,714
Dec 202106,48071.323.90$25,266
Nov 202105,60877.435.24$29,368
Oct 202106,45679.795.71$36,889
Sep 202105,88569.865.35$31,490
Aug 202106,60966.024.22$27,894
Jul 202107,00870.783.98$27,906
Jun 202106,08669.493.38$20,574
May 202107,49563.483.02$22,617
Apr 202107,56260.362.76$20,859
Mar 202107,73961.302.72$21,026
Feb 202106,89857.805.55$38,270
Jan 202107,65950.412.81$21,524
Dec 202008,17744.642.68$21,877
Nov 202008,43238.772.71$22,822
Oct 202058,71936.972.48$21,794
Sep 202008,30037.091.99$16,526
Aug 202038,73739.982.39$20,959
Jul 202008,89838.371.83$16,240
Jun 202008,79434.901.69$14,865
May 202009,38816.921.81$17,037
Apr 2020188,09014.751.80$14,863
Mar 202007,28230.341.86$13,517
Feb 202007,93449.881.98$15,715
Jan 202008,98357.252.09$18,817
Dec 201909,22559.012.30$21,258
Nov 201908,96055.302.75$24,646
Oct 201908,69853.472.42$21,036
Sep 201908,91555.052.66$23,690
Aug 201909,40153.112.30$21,663
Jul 201909,18356.272.46$22,591
Jun 201909,43352.782.49$23,499
May 2019010,22958.482.74$28,031
Apr 2019010,61862.632.75$29,207
Mar 2019011,26256.803.06$34,485
Feb 2019010,57150.852.79$29,517
Jan 2019012,78746.033.23$41,279
Dec 2018013,88546.594.19$58,115
Nov 2018014,51052.934.24$61,482
Oct 2018015,79161.443.40$53,659
Sep 2018016,51659.543.11$51,332
Aug 2018018,97159.403.07$58,176
Jul 2018017,94665.142.93$52,616
Jun 2018011,29260.183.08$34,745
May 2018010,14865.382.90$29,437
Apr 20181410,04663.842.90$30,035
Mar 2018010,52361.222.79$29,326
Feb 201809,64361.782.77$26,674
Jan 2018011,00662.874.01$44,127
Dec 2017511,53957.272.92$33,998
Nov 20171411,45855.423.12$36,506
Oct 2017011,77849.292.98$35,142
Sep 2017011,65747.523.09$35,988
Aug 2017012,42245.373.00$37,321
Jul 2017212,96343.873.09$40,108
Jun 2017113,03442.493.09$40,282
May 2017413,87745.373.26$45,468
Apr 2017012,55347.933.21$40,315
Mar 2017113,32946.772.98$39,816
Feb 2017012,30150.452.95$36,320
Jan 2017014,12249.413.42$48,280
Dec 2016613,21448.763.72$49,486
Nov 20161314,17842.492.64$38,044
Oct 2016014,99246.193.09$46,329
Sep 2016414,89441.553.10$46,347
Aug 2016015,63241.442.92$45,713
Jul 2016415,72141.622.92$46,140
Jun 2016013,35345.352.69$35,864
May 20161514,37742.521.99$29,263
Apr 20162114,52936.561.99$29,696
Mar 20162315,36733.011.79$28,328
Feb 20163614,70926.472.06$31,307
Jan 20162215,84927.352.36$38,074
Dec 20152316,02032.362.00$32,807
Nov 20151019,05038.792.17$41,676
Oct 20151619,89943.552.43$48,983
Sep 20151617,51542.992.76$49,002
Aug 20155221,10540.162.87$62,712
Jul 20151721,10348.152.95$62,969
Jun 20154221,48156.152.88$64,285
May 20151723,24255.212.96$69,629
Apr 20153022,06349.822.71$61,210
Mar 20154522,58142.892.93$68,199
Feb 20153420,42744.662.98$62,313
Jan 20156122,30843.433.10$71,818
Dec 20141226,55954.693.59$96,039
Nov 20144527,61770.464.25$120,594
Oct 20144028,46678.303.90$114,177
Sep 20143726,07686.164.05$108,677
Aug 20142826,58189.394.04$109,760
Jul 20141928,20996.564.18$119,737
Jun 2014929,40798.164.74$140,181
May 20147132,85694.734.73$162,022
Apr 201411730,54795.944.81$158,129
Mar 201411032,11295.895.06$172,932
Feb 201413130,73697.406.19$203,077
Jan 201417735,86790.404.86$190,340
Dec 201310540,46991.824.35$185,863
Nov 2013028,65988.853.74$107,135
Oct 2013461,66397.423.78$10,766
Sep 2013858,734104.113.72$41,320
Aug 20134317,896104.253.52$67,523
Jul 201312134,290102.523.72$139,886
Jun 201319741,52494.403.93$181,928
May 201314742,07394.834.15$188,504
Apr 201318951,12293.964.28$236,693
Mar 20137020,80093.623.91$87,941
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$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                3,583 Mcf  × $  3.05 =    $10,913

────────────────────────────────────────────────────
Month total                                  $10,913

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/269757 is the state's own key, not one this site invented.