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 270879District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Feb 2013 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
160
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 Gas112014-02-12212526
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
CondensateDisposition1,689 bbl$117,580
GasProduction1,920,946 Mcf$6,828,098
Total$6,945,678

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 27.8849, -99.5373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.88491, -99.53725 · 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
5,758 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 5,758 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-4794199915H5,758 ftFeb 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 (160)

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

160 months

May 20260258106.413.05$786
Apr 202603,70598.932.87$10,632
Mar 202602,81589.753.15$8,866
Feb 202603,15263.503.75$11,821
Jan 202604,68459.138.00$37,462
Dec 2025026656.664.41$1,174
Nov 2025022358.593.93$876
Oct 202502,37959.383.30$7,862
Sep 2025053562.743.08$1,646
Aug 202502,10863.933.01$6,355
Jul 202503,83466.743.32$12,710
Jun 202502,34966.483.13$7,349
May 202501,79360.553.23$5,796
Apr 202503662.363.54$128
Mar 202503,98967.704.27$17,026
Feb 202504,54570.884.34$19,729
Jan 2025233,48774.324.28$16,629
Dec 202403,01268.993.12$9,402
Nov 202404,58869.052.20$10,086
Oct 202404,91471.372.28$11,211
Sep 202404,18069.612.36$9,883
Aug 202404,56275.632.06$9,414
Jul 202402,27279.932.15$4,877
Jun 202404,40978.082.63$11,613
May 202403,50178.812.20$7,697
Apr 2024040384.451.66$669
Mar 202404,13880.301.55$6,394
Feb 202404,32976.091.78$7,721
Jan 202404,40773.023.30$14,533
Dec 202304,38871.262.61$11,456
Nov 202304,07777.892.81$11,446
Oct 202304,37685.443.09$13,510
Sep 202304,49789.042.74$12,299
Aug 202305,33280.522.67$14,252
Jul 202305,37274.852.64$14,192
Jun 202303,35468.962.26$7,575
May 20232024570.622.23$1,958
Apr 2023024678.122.24$550
Mar 2023021772.852.39$519
Feb 202302275.112.47$54
Jan 2023011076.533.39$373
Dec 202203,06576.415.73$17,560
Nov 202204,89885.005.65$27,655
Oct 202205,10087.185.86$29,905
Sep 202204,91784.888.16$40,141
Aug 202205,12094.529.13$46,731
Jul 202205,043101.587.54$38,035
Jun 2022234,969115.097.98$42,286
May 202205,186109.378.43$43,734
Apr 202205,108104.226.84$34,926
Mar 202205,411108.885.08$27,468
Feb 202205,02691.054.86$24,421
Jan 202205,58781.844.54$25,352
Dec 202105,61371.323.90$21,886
Nov 202105,57777.435.24$29,206
Oct 202105,71079.795.71$32,626
Sep 202105,52469.865.35$29,558
Aug 202105,78966.024.22$24,433
Jul 202105,96470.783.98$23,749
Jun 202105,94769.493.38$20,105
May 202106,27363.483.02$18,930
Apr 202106,37560.362.76$17,585
Mar 202105,62961.302.72$15,294
Feb 202105,22457.805.55$28,982
Jan 202106,18150.412.81$17,370
Dec 202006,48844.642.68$17,358
Nov 202006,33838.772.71$17,154
Oct 202086,70036.972.48$16,901
Sep 202006,57937.091.99$13,099
Aug 202046,88339.982.39$16,577
Jul 202007,04638.371.83$12,860
Jun 202006,71134.901.69$11,344
May 202007,11216.921.81$12,907
Apr 2020206,19614.751.80$11,475
Mar 202007,01030.341.86$13,012
Feb 202006,55049.881.98$12,973
Jan 202004,84657.252.09$10,151
Dec 201906,81759.012.30$15,709
Nov 201906,89755.302.75$18,972
Oct 201907,12353.472.42$17,227
Sep 201905,16855.052.66$13,733
Aug 201905,26553.112.30$12,132
Jul 201909,42556.272.46$23,186
Jun 201909,02852.782.49$22,491
May 201909,87858.482.74$27,069
Apr 2019010,03962.632.75$27,614
Mar 201907,90656.803.06$24,209
Feb 201906,79650.852.79$18,976
Jan 201908,68246.033.23$28,027
Dec 2018010,35446.594.19$43,336
Nov 2018011,07752.934.24$46,936
Oct 2018011,18161.443.40$37,994
Sep 2018012,13159.543.11$37,703
Aug 2018013,25559.403.07$40,647
Jul 2018013,03865.142.93$38,226
Jun 201809,25060.183.08$28,462
May 2018012,66665.382.90$36,742
Apr 20182512,52763.842.90$37,934
Mar 2018013,31561.222.79$37,107
Feb 2018012,71861.782.77$35,180
Jan 2018015,17662.874.01$60,845
Dec 2017711,50257.272.92$34,004
Nov 20171414,61955.423.12$46,363
Oct 2017015,81949.292.98$47,199
Sep 2017016,42747.523.09$50,715
Aug 2017015,51345.373.00$46,607
Jul 2017618,73943.873.09$58,116
Jun 2017921,61342.493.09$67,108
May 20171521,30945.373.26$70,220
Apr 2017010,81847.933.21$34,743
Mar 2017513,22146.772.98$39,681
Feb 20171611,56850.452.95$34,963
Jan 20172013,99849.413.42$48,845
Dec 20161510,62848.763.72$40,298
Nov 20164915,27242.492.64$42,467
Oct 2016012,77546.193.09$39,478
Sep 20161412,86741.553.10$40,478
Aug 2016013,65241.442.92$39,923
Jul 20162314,36141.622.92$42,954
Jun 20162914,95645.352.69$41,484
May 20165416,24242.521.99$34,635
Apr 20163016,41536.561.99$33,780
Mar 20161617,36333.011.79$31,678
Feb 20162816,77926.472.06$35,367
Jan 20162917,99327.352.36$43,335
Dec 20154218,04932.362.00$37,483
Nov 20151716,66238.792.17$36,771
Oct 20151017,90143.552.43$43,874
Sep 20151112,52342.992.76$35,017
Aug 20151720,13740.162.87$58,526
Jul 20151020,41748.152.95$60,611
Jun 20154320,60056.152.88$61,801
May 20151722,39955.212.96$67,138
Apr 20153020,95749.822.71$58,216
Mar 20154621,41742.892.93$64,826
Feb 20153419,83444.662.98$60,548
Jan 20155919,37643.433.10$62,640
Dec 20141226,28554.693.59$95,055
Nov 20144326,56670.464.25$115,984
Oct 20144127,21378.303.90$109,367
Sep 20144325,29886.164.05$106,046
Aug 20144125,61789.394.04$107,033
Jul 20144527,28596.564.18$118,386
Jun 20142728,41898.164.74$137,263
May 20141331,88094.734.73$151,914
Apr 2014929,77695.944.81$144,060
Mar 20141532,73795.895.06$166,983
Feb 2014032,15597.406.19$199,104
Jan 2014039,18690.404.86$190,472
Dec 2013442,56691.824.35$185,720
Nov 201304,38488.853.74$16,389
Oct 2013101,75697.423.78$7,611
Sep 20134721,712104.113.72$85,613
Aug 20132230,552104.253.52$109,916
Jul 20135838,367102.523.72$148,585
Jun 20139745,47494.403.93$188,025
May 20137955,39594.834.15$237,330
Apr 201310769,82193.964.28$309,068
Mar 201310778,71393.623.91$318,011
Feb 20133120,55391.233.42$73,118

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                  258 Mcf  × $  3.05 =       $786

────────────────────────────────────────────────────
Month total                                     $786

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/270879 is the state's own key, not one this site invented.