STEWART 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 278018District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Dec 2014 – May 2026
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
138
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 Gas112016-03-09217543
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
CondensateDisposition2,030 bbl$92,893
GasProduction2,580,142 Mcf$7,680,794
Total$7,773,687

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 27.8608, -99.5431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.86083, -99.54312 · 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
5,797 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 5,797 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-4794303924H5,797 ftDec 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 (138)

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

138 months

May 202602,976106.413.05$9,064
Apr 202603,86598.932.87$11,091
Mar 202605,71289.753.15$17,990
Feb 202603,77863.503.75$14,169
Jan 202604,73859.138.00$37,894
Dec 202503,32156.664.41$14,657
Nov 202504,08058.593.93$16,020
Oct 202505,01359.383.30$16,567
Sep 202505,22362.743.08$16,071
Aug 202506,63863.933.01$20,012
Jul 202504,97466.743.32$16,490
Jun 202503,16566.483.13$9,902
May 202506,10460.553.23$19,730
Apr 202509,13662.363.54$32,370
Mar 202503,85567.704.27$16,454
Feb 202501,41970.884.34$6,160
Jan 2025185,76774.324.28$26,013
Dec 202407,81668.993.12$24,397
Nov 202401,09569.052.20$2,407
Oct 2024045471.372.28$1,036
Sep 202403769.612.36$87
Aug 2024038875.632.06$801
Jul 2024020779.932.15$444
Jun 202406,15778.082.63$16,217
May 20241711,26878.812.20$26,112
Apr 202402,83284.451.66$4,699
Mar 202406,32880.301.55$9,778
Feb 202405,51376.091.78$9,833
Jan 202406,38273.023.30$21,046
Dec 202307,18971.262.61$18,768
Nov 202306,73577.892.81$18,909
Oct 202306,50485.443.09$20,080
Sep 202307,02289.042.74$19,205
Aug 202307,12080.522.67$19,031
Jul 202307,43574.852.64$19,642
Jun 202307,56368.962.26$17,081
May 2023297,91170.622.23$19,669
Apr 202307,65078.122.24$17,119
Mar 202308,03972.852.39$19,239
Feb 202307,41375.112.47$18,278
Jan 2023104,82376.533.39$17,104
Dec 202204,36576.415.73$25,007
Nov 202206,47185.005.65$36,537
Oct 202206,33487.185.86$37,141
Sep 202206,32484.888.16$51,627
Aug 202205,97194.529.13$54,498
Jul 202206,371101.587.54$48,051
Jun 202236,011115.097.98$48,296
May 202206,602109.378.43$55,675
Apr 202276,831104.226.84$47,437
Mar 202208,085108.885.08$41,043
Feb 202207,11391.054.86$34,561
Jan 2022278,02081.844.54$38,602
Dec 202108,34971.323.90$32,554
Nov 202107,95377.435.24$41,649
Oct 202107,95679.795.71$45,460
Sep 202107,58769.865.35$40,597
Aug 202106,82366.024.22$28,797
Jul 202109,63170.783.98$38,351
Jun 202109,34669.493.38$31,595
May 202109,85063.483.02$29,724
Apr 202109,80460.362.76$27,044
Mar 202109,90461.302.72$26,909
Feb 202107,84757.805.55$43,535
Jan 2021010,70150.412.81$30,073
Dec 2020011,29344.642.68$30,214
Nov 2020411,30938.772.71$30,764
Oct 20201011,47836.972.48$28,817
Sep 2020010,06137.091.99$20,032
Aug 2020012,78039.982.39$30,482
Jul 2020012,70138.371.83$23,181
Jun 2020011,11634.901.69$18,789
May 2020011,63516.921.81$21,115
Apr 20201911,63614.751.80$21,276
Mar 2020012,26830.341.86$22,772
Feb 2020012,08949.881.98$23,944
Jan 2020013,67657.252.09$28,648
Dec 2019013,41959.012.30$30,922
Nov 2019013,90355.302.75$38,243
Oct 2019014,33953.472.42$34,679
Sep 2019013,54755.052.66$35,998
Aug 2019016,28553.112.30$37,527
Jul 20191316,34956.272.46$40,951
Jun 2019016,60852.782.49$41,374
May 2019017,99258.482.74$49,304
Apr 20191518,70062.632.75$52,378
Mar 2019020,19156.803.06$61,827
Feb 20193619,08850.852.79$55,129
Jan 20193422,30946.033.23$73,582
Dec 2018023,94046.594.19$100,199
Nov 2018024,77652.934.24$104,982
Oct 2018027,50061.443.40$93,447
Sep 2018029,02259.543.11$90,200
Aug 2018026,54859.403.07$81,411
Jul 2018019,17365.142.93$56,213
Jun 2018918,45160.183.08$57,314
May 2018019,08965.382.90$55,373
Apr 2018219,15863.842.90$55,701
Mar 2018620,44161.222.79$57,333
Feb 2018419,09261.782.77$53,058
Jan 2018021,79862.874.01$87,395
Dec 2017122,50657.272.92$65,809
Nov 20171522,66255.423.12$71,500
Oct 2017023,91949.292.98$71,367
Sep 2017024,07347.523.09$74,320
Aug 2017025,76745.373.00$77,414
Jul 20171426,66143.873.09$82,924
Jun 20171626,68142.493.09$83,052
May 20172328,10645.373.26$92,765
Apr 20172626,53347.933.21$86,460
Mar 20172428,39446.772.98$85,841
Feb 20173726,68550.452.95$80,657
Jan 20172830,83249.413.42$106,792
Dec 20164331,29848.763.72$118,614
Nov 20163331,64042.492.64$85,069
Oct 20162634,25046.193.09$107,042
Sep 20161934,34041.553.10$107,265
Aug 20161036,78441.442.92$107,983
Jul 20162738,13741.622.92$112,649
Jun 20162938,22845.352.69$103,989
May 20163641,16242.521.99$83,486
Apr 20166341,67936.561.99$85,288
Mar 20167144,90033.011.79$82,895
Feb 20164843,67426.472.06$91,398
Jan 20166848,76727.352.36$117,163
Dec 20159551,65332.362.00$106,453
Nov 20155651,63938.792.17$114,091
Oct 20152355,09243.552.43$134,687
Sep 20152856,34142.992.76$156,616
Aug 20154845,85840.162.87$133,654
Jul 20152249,57548.152.95$147,062
Jun 20157351,55456.152.88$152,722
May 201513860,80055.212.96$187,310
Apr 201511662,52049.822.71$174,994
Mar 201515082,30142.892.93$247,963
Feb 201517684,21344.662.98$258,494
Jan 2015167104,85543.433.10$332,369
Dec 20141834,40954.693.59$124,560

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                2,976 Mcf  × $  3.05 =     $9,064

────────────────────────────────────────────────────
Month total                                   $9,064

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/278018 is the state's own key, not one this site invented.