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 270000District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Jul 2012 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
167
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 Gas112013-11-19211718
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
CondensateDisposition2,588 bbl$168,478
GasProduction2,372,445 Mcf$8,193,948
Total$8,362,426

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 27.8721, -99.5479. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.87208, -99.54787 · 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
5,704 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 5,704 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-4794185413H5,704 ftJul 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 (167)

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

167 months

May 202604,160106.413.05$12,671
Apr 2026023598.932.87$674
Mar 202603,07789.753.15$9,691
Feb 202601,32463.503.75$4,965
Jan 2026022759.138.00$1,816
Dec 2025054856.664.41$2,419
Nov 202501,10758.593.93$4,347
Oct 2025028759.383.30$948
Sep 202501,06662.743.08$3,280
Aug 2025015263.933.01$458
Jul 2025023466.743.32$776
Jun 202505066.483.13$156
May 202501,36760.553.23$4,419
Apr 2025013762.363.54$485
Mar 2025093967.704.27$4,008
Feb 2025081470.884.34$3,533
Jan 20251058474.324.28$3,242
Dec 2024064768.993.12$2,020
Nov 2024046469.052.20$1,020
Oct 2024072171.372.28$1,645
Sep 2024013469.612.36$317
Aug 202401,11775.632.06$2,305
Jul 2024064879.932.15$1,391
Jun 202401,21478.082.63$3,198
May 2024122,99978.812.20$7,539
Apr 202402,18884.451.66$3,630
Mar 202404,06480.301.55$6,279
Feb 202404,11476.091.78$7,338
Jan 202404,52473.023.30$14,919
Dec 202304,33471.262.61$11,315
Nov 202304,43277.892.81$12,443
Oct 202304,43985.443.09$13,704
Sep 202304,42289.042.74$12,094
Aug 202304,44480.522.67$11,878
Jul 202304,46974.852.64$11,806
Jun 202304,39568.962.26$9,926
May 2023224,68270.622.23$11,982
Apr 202304,67978.122.24$10,470
Mar 202304,86972.852.39$11,652
Feb 202304,49175.112.47$11,073
Jan 202374,47776.533.39$15,703
Dec 202204,85776.415.73$27,826
Nov 202204,88885.005.65$27,599
Oct 202205,22987.185.86$30,662
Sep 202204,86384.888.16$39,700
Aug 202204,84594.529.13$44,221
Jul 202204,843101.587.54$36,526
Jun 202234,844115.097.98$38,987
May 202205,515109.378.43$46,508
Apr 202264,923104.226.84$34,287
Mar 202205,252108.885.08$26,661
Feb 202204,59991.054.86$22,346
Jan 2022234,88081.844.54$24,026
Dec 202104,72371.323.90$18,416
Nov 202104,70877.435.24$24,655
Oct 202105,36679.795.71$30,661
Sep 202105,22469.865.35$27,953
Aug 202105,60466.024.22$23,652
Jul 202105,46370.783.98$21,754
Jun 202105,50569.493.38$18,610
May 202105,63163.483.02$16,993
Apr 202105,42560.362.76$14,964
Mar 202105,47161.302.72$14,864
Feb 202105,03557.805.55$27,934
Jan 202104,01250.412.81$11,275
Dec 202004,63344.642.68$12,395
Nov 202044,92938.772.71$13,496
Oct 202026,07636.972.48$15,133
Sep 202006,40037.091.99$12,743
Aug 202006,65839.982.39$15,880
Jul 202006,78938.371.83$12,391
Jun 202006,75134.901.69$11,411
May 202007,23916.921.81$13,137
Apr 2020177,13714.751.80$13,129
Mar 202007,64430.341.86$14,189
Feb 202007,53749.881.98$14,928
Jan 202007,50357.252.09$15,717
Dec 201908,01659.012.30$18,472
Nov 201908,01155.302.75$22,036
Oct 201908,59453.472.42$20,785
Sep 201908,89755.052.66$23,642
Aug 201908,81353.112.30$20,308
Jul 2019139,25056.272.46$23,487
Jun 201908,85852.782.49$22,067
May 201908,92658.482.74$24,460
Apr 2019159,04362.632.75$25,814
Mar 201909,98156.803.06$30,563
Feb 2019317,97550.852.79$23,844
Jan 2019299,85846.033.23$33,158
Dec 2018010,34646.594.19$43,303
Nov 2018010,39352.934.24$44,038
Oct 2018011,09761.443.40$37,708
Sep 2018011,00459.543.11$34,200
Aug 2018012,21659.403.07$37,461
Jul 2018013,79665.142.93$40,448
Jun 2018412,06760.183.08$37,370
May 2018010,76165.382.90$31,216
Apr 2018710,58463.842.90$31,149
Mar 20182311,19361.222.79$32,601
Feb 20181610,31061.782.77$29,507
Jan 2018011,65862.874.01$46,741
Dec 20172711,92657.272.92$36,388
Nov 2017811,70155.423.12$36,931
Oct 2017012,43049.292.98$37,087
Sep 2017012,35447.523.09$38,140
Aug 2017213,02245.373.00$39,214
Jul 2017513,35643.873.09$41,453
Jun 2017713,12742.493.09$40,824
May 20171013,69845.373.26$45,156
Apr 2017712,37447.933.21$40,076
Mar 2017712,89746.772.98$38,808
Feb 20172411,79150.452.95$36,025
Jan 20171513,12649.413.42$45,616
Dec 20161911,92348.763.72$45,314
Nov 20162413,36042.492.64$36,348
Oct 20162214,88446.193.09$47,012
Sep 20162014,66641.553.10$46,305
Aug 20161315,59141.442.92$46,132
Jul 20162816,02341.622.92$48,022
Jun 20162715,95845.352.69$44,085
May 20163117,20342.521.99$35,570
Apr 20165517,31436.561.99$36,484
Mar 20167118,34133.011.79$35,248
Feb 20165817,63726.472.06$37,932
Jan 20166018,78427.352.36$46,053
Dec 20158918,93532.362.00$40,777
Nov 20155818,19238.792.17$41,678
Oct 20154719,29243.552.43$48,860
Sep 20152418,39642.992.76$51,776
Aug 20154021,40140.162.87$63,081
Jul 20151921,58748.152.95$64,490
Jun 20152721,84256.152.88$64,483
May 20155223,81555.212.96$73,255
Apr 20154722,54149.822.71$63,350
Mar 20155923,24242.892.93$70,739
Feb 20157521,31244.662.98$66,778
Jan 20158824,37543.433.10$79,400
Dec 20142829,12754.693.59$106,137
Nov 20149129,77670.464.25$133,015
Oct 20145332,71978.303.90$131,785
Sep 20143428,84186.164.05$119,604
Aug 20144229,50289.394.04$122,798
Jul 20141730,81496.564.18$130,432
Jun 20141132,11598.164.74$153,205
May 201410136,83894.734.73$183,685
Apr 20144034,41195.944.81$169,324
Mar 20143438,48695.895.06$197,876
Feb 2014024,17597.406.19$149,692
Jan 20141422,13690.404.86$108,863
Dec 20135628,37791.824.35$128,709
Nov 2013529,45788.853.74$110,563
Oct 20131930,67097.423.78$117,764
Sep 20132631,420104.113.72$119,518
Aug 20131537,164104.253.52$132,478
Jul 20133640,431102.523.72$154,003
Jun 20132142,61894.403.93$169,616
May 20132543,18994.834.15$181,565
Apr 20133346,09093.964.28$200,485
Mar 20134845,81593.623.91$183,762
Feb 20135033,81891.233.42$120,216
Jan 20132653,04991.603.42$183,804
Dec 20124063,95486.773.42$222,204
Nov 201214871,76286.953.62$273,003
Oct 20124080,20389.383.40$276,240
Sep 20129984,99394.672.92$257,416
Aug 2012095,37792.662.91$277,372
Jul 20122710,77985.133.02$34,860

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                4,160 Mcf  × $  3.05 =    $12,671

────────────────────────────────────────────────────
Month total                                  $12,671

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/270000 is the state's own key, not one this site invented.