STEWART TRUST STATE

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 270344District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Mar 2013 – May 2026
Value, last 12 filed months
$327
at the published price for each month
Months reported
159
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 Gas112013-11-19211850
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
CondensateDisposition2,732 bbl$217,420
GasProduction2,159,608 Mcf$7,846,715
Total$8,064,134

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 27.8667, -99.4980. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.86670, -99.49797 · 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
6,178 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 6,178 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-4794200918H6,178 ftJun 2014

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 (159)

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

159 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260559.138.00$40
Dec 20250056.664.41$0
Nov 20250758.593.93$27
Oct 20250059.383.30$0
Sep 202501362.743.08$40
Aug 202503063.933.01$90
Jul 202503766.743.32$123
Jun 20250266.483.13$6
May 20250560.553.23$16
Apr 20250262.363.54$7
Mar 20250167.704.27$4
Feb 20250070.884.34$0
Jan 20257574.324.28$542
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240378.812.20$7
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230585.443.09$15
Sep 20230089.042.74$0
Aug 202346080.522.67$3,704
Jul 202301974.852.64$50
Jun 20230468.962.26$9
May 20230670.622.23$13
Apr 202317878.122.24$1,346
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20232076.533.39$153
Dec 20220076.415.73$0
Nov 20220285.005.65$11
Oct 2022010287.185.86$598
Sep 202202584.888.16$204
Aug 20220494.529.13$37
Jul 20221010101.587.54$1,091
Jun 2022067115.097.98$534
May 20220115109.378.43$970
Apr 2022056104.226.84$383
Mar 202206108.885.08$30
Feb 202201691.054.86$78
Jan 20220381.844.54$14
Dec 202101,21871.323.90$4,749
Nov 202103,03477.435.24$15,889
Oct 202102,74079.795.71$15,656
Sep 202102,95869.865.35$15,828
Aug 202103,11466.024.22$13,143
Jul 202103,11970.783.98$12,420
Jun 202103,19669.493.38$10,804
May 202103,04063.483.02$9,174
Apr 202103,03260.362.76$8,364
Mar 202103,34561.302.72$9,088
Feb 202103,22257.805.55$17,875
Jan 202103,54750.412.81$9,968
Dec 202002,42944.642.68$6,499
Nov 202003,58138.772.71$9,692
Oct 2020353,80636.972.48$10,727
Sep 202003,84237.091.99$7,650
Aug 202004,11739.982.39$9,819
Jul 202004,15038.371.83$7,574
Jun 202003,74034.901.69$6,322
May 202003,88516.921.81$7,050
Apr 202004,41514.751.80$7,966
Mar 202004,57330.341.86$8,489
Feb 2020224,36249.881.98$9,737
Jan 202004,66857.252.09$9,778
Dec 201904,77259.012.30$10,996
Nov 201904,64155.302.75$12,766
Oct 201904,99153.472.42$12,071
Sep 2019605,05355.052.66$16,730
Aug 201905,46453.112.30$12,591
Jul 201905,56756.272.46$13,695
Jun 201905,40552.782.49$13,465
May 201906,05858.482.74$16,601
Apr 201905,61162.632.75$15,434
Mar 201905,83756.803.06$17,873
Feb 201905,63150.852.79$15,723
Jan 201906,51546.033.23$21,032
Dec 201807,00646.594.19$29,323
Nov 201807,00652.934.24$29,686
Oct 201807,45161.443.40$25,319
Sep 201807,40459.543.11$23,012
Aug 201807,86159.403.07$24,106
Jul 201808,08665.142.93$23,707
Jun 201808,13560.183.08$25,031
May 201808,69365.382.90$25,217
Apr 201808,66363.842.90$25,130
Mar 201809,14261.222.79$25,477
Feb 201808,77961.782.77$24,284
Jan 201809,80762.874.01$39,319
Dec 2017010,29357.272.92$30,071
Nov 2017010,34355.423.12$32,253
Oct 2017011,04449.292.98$32,952
Sep 2017011,04547.523.09$34,099
Aug 2017011,82745.373.00$35,533
Jul 2017012,28743.873.09$37,933
Jun 20173512,12342.493.09$38,914
May 2017012,53145.373.26$40,894
Apr 2017011,55147.933.21$37,097
Mar 2017012,57846.772.98$37,529
Feb 20172011,43750.452.95$34,778
Jan 2017013,29849.413.42$45,463
Dec 20161813,78748.763.72$52,204
Nov 20162813,65542.492.64$37,298
Oct 20165014,28046.193.09$46,438
Sep 2016014,96841.553.10$46,410
Aug 20162316,25241.442.92$48,479
Jul 20162116,99541.622.92$50,573
Jun 20161617,40345.352.69$47,467
May 20165318,99242.521.99$40,067
Apr 20162919,24036.561.99$39,368
Mar 20162920,95433.011.79$38,549
Feb 20162921,15726.472.06$44,428
Jan 20164224,54727.352.36$59,187
Dec 20154025,37632.362.00$52,082
Nov 20156425,71538.792.17$58,215
Oct 2015021,20243.552.43$51,448
Sep 2015014,45242.992.76$39,865
Aug 201512317,14340.162.87$54,183
Jul 2015017,72948.152.95$52,213
Jun 2015017,79856.152.88$51,309
May 2015019,76455.212.96$58,412
Apr 2015019,99449.822.71$54,115
Mar 2015021,81342.892.93$64,015
Feb 2015020,14744.662.98$59,961
Jan 2015024,95043.433.10$77,361
Dec 2014349,72954.693.59$36,800
Nov 20146432,44770.464.25$142,469
Oct 20147133,70178.303.90$137,026
Sep 20145136,91086.164.05$153,711
Aug 2014042,96689.394.04$173,373
Jul 20149744,10896.564.18$193,720
Jun 20144337,03198.164.74$179,632
May 20145047,20394.734.73$227,844
Apr 20148250,06095.944.81$248,612
Mar 20147949,49595.895.06$257,862
Feb 2014037,08597.406.19$229,630
Jan 2014023,74990.404.86$115,437
Dec 2013064,87691.824.35$282,501
Nov 20135955,09588.853.74$211,203
Oct 20134166,59297.423.78$255,669
Sep 20138943,912104.113.72$172,519
Aug 201314694,023104.253.52$346,427
Jul 2013240107,838102.523.72$425,518
Jun 2013174116,90194.403.93$476,245
May 2013183137,46794.834.15$587,715
Apr 2013279117,81093.964.28$530,747
Mar 201313164,67193.623.91$265,313

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    5 Mcf  × $  8.00 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/270344 is the state's own key, not one this site invented.