STEWART TRUST 1523

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 273190District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Nov 2013 – May 2026
Value, last 12 filed months
$210 k
at the published price for each month
Months reported
151
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 Gas112014-10-15214333
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
CondensateDisposition5,791 bbl$399,851
GasProduction3,027,127 Mcf$10,861,298
Total$11,261,148

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 27.8662, -99.5086. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.86618, -99.50863 · 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
6,064 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 6,064 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-4794249620H6,064 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 (151)

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

151 months

May 202605,338106.413.05$16,259
Apr 202605,37298.932.87$15,416
Mar 202604,26089.753.15$13,417
Feb 202605,15163.503.75$19,318
Jan 202604,40059.138.00$35,191
Dec 202504,14656.664.41$18,298
Nov 202504,85558.593.93$19,063
Oct 202505,54759.383.30$18,332
Sep 202504,03162.743.08$12,403
Aug 2025251,61463.933.01$6,464
Jul 202505,72766.743.32$18,986
Jun 202505,49066.483.13$17,177
May 202505,79760.553.23$18,738
Apr 202505,81562.363.54$20,603
Mar 202506,27567.704.27$26,784
Feb 202505,88970.884.34$25,563
Jan 2025296,96274.324.28$31,943
Dec 202403,43468.993.12$10,719
Nov 2024032369.052.20$710
Oct 202405,51671.372.28$12,584
Sep 202406,38369.612.36$15,092
Aug 202406,16475.632.06$12,720
Jul 202403,11879.932.15$6,693
Jun 202404,69578.082.63$12,367
May 2024424,64478.812.20$13,520
Apr 202402,35384.451.66$3,904
Mar 202404,51080.301.55$6,969
Feb 202405,25276.091.78$9,368
Jan 202405,82873.023.30$19,219
Dec 202306,91371.262.61$18,048
Nov 202306,87877.892.81$19,310
Oct 202307,26085.443.09$22,414
Sep 202307,04789.042.74$19,274
Aug 202305,71380.522.67$15,270
Jul 202306,02774.852.64$15,922
Jun 202305,33868.962.26$12,056
May 202306,82470.622.23$15,200
Apr 202306,79878.122.24$15,212
Mar 202307,21172.852.39$17,257
Feb 202306,57475.112.47$16,209
Jan 202307,50176.533.39$25,411
Dec 202207,87076.415.73$45,088
Nov 202207,12485.005.65$40,224
Oct 202207,31887.185.86$42,911
Sep 202204,98684.888.16$40,704
Aug 202203,86094.529.13$35,231
Jul 202206,667101.587.54$50,283
Jun 2022338,017115.097.98$67,751
May 202205,576109.378.43$47,023
Apr 202207,161104.226.84$48,964
Mar 202205,888108.885.08$29,890
Feb 202206,05591.054.86$29,420
Jan 202207,16281.844.54$32,499
Dec 202105,19171.323.90$20,240
Nov 202107,98477.435.24$41,811
Oct 202108,55579.795.71$48,882
Sep 202108,42669.865.35$45,087
Aug 202108,86166.024.22$37,399
Jul 202108,95570.783.98$35,660
Jun 202108,82769.493.38$29,841
May 202108,90363.483.02$26,866
Apr 202109,16660.362.76$25,284
Mar 202109,60961.302.72$26,107
Feb 202108,91257.805.55$49,443
Jan 2021010,11650.412.81$28,429
Dec 2020010,33444.642.68$27,648
Nov 2020010,20738.772.71$27,626
Oct 20201710,87536.972.48$27,581
Sep 202009,56537.091.99$19,044
Aug 202009,60339.982.39$22,904
Jul 2020010,41238.371.83$19,003
Jun 2020010,24834.901.69$17,322
May 2020010,45916.921.81$18,980
Apr 2020010,10814.751.80$18,239
Mar 20202710,98730.341.86$21,214
Feb 2020011,46949.881.98$22,716
Jan 20201912,63957.252.09$27,563
Dec 20193112,95459.012.30$31,680
Nov 2019012,91455.302.75$35,523
Oct 2019013,76853.472.42$33,298
Sep 20193412,53455.052.66$35,178
Aug 2019011,53153.112.30$26,572
Jul 2019014,63756.272.46$36,008
Jun 2019013,19952.782.49$32,881
May 2019014,31558.482.74$39,228
Apr 2019015,19962.632.75$41,808
Mar 201914015,96156.803.06$56,826
Feb 2019114,60250.852.79$40,823
Jan 2019116,76046.033.23$54,150
Dec 2018217,53646.594.19$73,489
Nov 2018217,67152.934.24$74,982
Oct 2018114,71861.443.40$50,074
Sep 2018115,93659.543.11$49,589
Aug 2018023,15259.403.07$70,997
Jul 2018220,02665.142.93$58,844
Jun 2018116,64260.183.08$51,266
May 20183315,80165.382.90$47,993
Apr 2018116,15063.842.90$46,912
Mar 20188618,03261.222.79$55,517
Feb 2018416,69561.782.77$46,427
Jan 2018118,93962.874.01$75,995
Dec 2017119,42957.272.92$56,819
Nov 20176319,31555.423.12$63,723
Oct 2017120,39349.292.98$60,895
Sep 20174720,23647.523.09$64,708
Aug 2017521,45645.373.00$64,689
Jul 2017422,03743.873.09$68,210
Jun 20174421,16842.493.09$67,221
May 20173622,35845.373.26$74,596
Apr 20172922,16247.933.21$72,565
Mar 20172623,81946.772.98$72,284
Feb 20176021,55650.452.95$66,673
Jan 20179724,98149.413.42$90,198
Dec 20163825,71448.763.72$97,582
Nov 20164425,60842.492.64$69,586
Oct 20165026,77646.193.09$85,054
Sep 20165227,10541.553.10$86,203
Aug 20164728,92541.442.92$86,534
Jul 20165829,92241.622.92$89,916
Jun 20165529,92345.352.69$82,862
May 20168131,97342.521.99$67,104
Apr 20168731,88436.561.99$66,663
Mar 201610534,12733.011.79$64,690
Feb 20167433,07926.472.06$70,222
Jan 201614936,71027.352.36$90,871
Dec 201511537,86432.362.00$79,503
Nov 20155937,83838.792.17$84,296
Oct 201512435,13543.552.43$90,658
Sep 20153728,40842.992.76$79,952
Aug 20158233,64440.162.87$99,935
Jul 20159534,11148.152.95$105,034
Jun 20156733,32456.152.88$99,830
May 201510235,38455.212.96$110,207
Apr 20156834,97049.822.71$98,037
Mar 201520235,77042.892.93$113,638
Feb 20157329,74444.662.98$91,784
Jan 20157924,30943.433.10$78,804
Dec 2014743,21354.693.59$15,586
Nov 20143025,69570.464.25$111,365
Oct 20148948,14978.303.90$194,796
Sep 201418959,46686.164.05$256,850
Aug 201414272,38189.394.04$304,759
Jul 201415177,11996.564.18$336,907
Jun 201421676,39998.164.74$383,095
May 201428595,06094.734.73$476,305
Apr 2014240101,65995.944.81$511,916
Mar 201419196,44995.895.06$506,038
Feb 2014352100,22797.406.19$654,890
Jan 201421891,04990.404.86$462,271
Dec 2013478154,55691.824.35$716,901
Nov 201324797,80888.853.74$387,580

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                5,338 Mcf  × $  3.05 =    $16,259

────────────────────────────────────────────────────
Month total                                  $16,259

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/273190 is the state's own key, not one this site invented.