STEWART

Operated by E2 OPERATING LLC (P-5 238475) in the EASTHAM STATE FARM (GLENROSE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284263District 06Field 27347500CondensateGasSaveExport
Value, all time
$1.9 M
Sep 2017 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
105
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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered
1983-06-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2016-09-12.

The Commission's schedule remark for this field reads: AMENDED.

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
CondensateDisposition27,437 bbl$1,641,056
GasProduction74,993 Mcf$241,782
Total$1,882,839

Every month this lease reported (105)

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

105 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202602689.753.15$82
Feb 20260063.503.75$0
Jan 202602659.138.00$208
Dec 20250056.664.41$0
Nov 202588058.593.93$5,156
Oct 2025066859.383.30$2,208
Sep 202508662.743.08$265
Aug 2025022063.933.01$663
Jul 2025896666.743.32$6,159
Jun 202538066.483.13$2,526
May 2025122060.553.23$7,387
Apr 20250062.363.54$0
Mar 2025100067.704.27$6,770
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202472069.052.20$4,972
Oct 2024142071.372.28$10,135
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024159078.082.63$12,415
May 2024974978.812.20$7,752
Apr 2024034684.451.66$574
Mar 2024025080.301.55$386
Feb 20241699876.091.78$13,034
Jan 2024017973.023.30$590
Dec 20230571.262.61$13
Nov 2023024677.892.81$691
Oct 202317374285.443.09$17,072
Sep 20236246089.042.74$6,779
Aug 202317975980.522.67$16,442
Jul 202319077774.852.64$16,274
Jun 202318273968.962.26$14,220
May 202319549970.622.23$14,882
Apr 2023041378.122.24$924
Mar 202327262672.852.39$21,313
Feb 202318345375.112.47$14,862
Jan 2023243576.533.39$1,627
Dec 202218137676.415.73$15,984
Nov 2022535785.005.65$2,441
Oct 202218238987.185.86$18,148
Sep 2022024984.888.16$2,033
Aug 202234439294.529.13$36,093
Jul 2022175146101.587.54$18,878
Jun 2022182267115.097.98$23,076
May 2022183601109.378.43$25,083
Apr 20220524104.226.84$3,583
Mar 20221861,547108.885.08$28,105
Feb 202218534691.054.86$18,525
Jan 202202381.844.54$104
Dec 202119051571.323.90$15,559
Nov 2021185077.435.24$14,325
Oct 2021059979.795.71$3,423
Sep 202117331769.865.35$13,782
Aug 202118829466.024.22$13,653
Jul 202118357070.783.98$15,223
Jun 202118236369.493.38$13,874
May 20211848563.483.02$11,937
Apr 202117438560.362.76$11,565
Mar 202136598161.302.72$25,040
Feb 202101,00157.805.55$5,554
Jan 20211681,47250.412.81$12,606
Dec 20201831,20144.642.68$11,382
Nov 202017897838.772.71$9,548
Oct 202034346236.972.48$13,826
Sep 202017832937.091.99$7,257
Aug 202017724239.982.39$7,654
Jul 202017752338.371.83$7,746
Jun 202036173934.901.69$13,848
May 2020012716.921.81$230
Apr 202017751714.751.80$3,544
Mar 20205321,54730.341.86$19,012
Feb 202017321849.881.98$9,061
Jan 20203499757.252.09$20,183
Dec 201917535159.012.30$11,136
Nov 201934949055.302.75$20,648
Oct 201953074953.472.42$30,151
Sep 201934633455.052.66$19,935
Aug 201934650353.112.30$19,535
Jul 201918122656.272.46$10,741
Jun 201934457752.782.49$19,594
May 201917740258.482.74$11,453
Apr 201935249662.632.75$23,410
Mar 201935841756.803.06$21,611
Feb 201937248750.852.79$20,276
Jan 201919139646.033.23$10,070
Dec 201836134646.594.19$18,267
Nov 201818058052.934.24$11,985
Oct 201837566161.443.40$25,286
Sep 201837397559.543.11$25,239
Aug 20187161,54759.403.07$47,274
Jul 20185231,69465.142.93$39,035
Jun 20187211,98360.183.08$49,491
May 20188862,59465.382.90$65,451
Apr 20187081,42063.842.90$49,318
Mar 20188752,89361.222.79$61,630
Feb 20181,2273,49561.782.77$85,472
Jan 20181,2853,57662.874.01$95,125
Dec 20171,7954,67057.272.92$116,443
Nov 20172,1956,82855.423.12$142,939
Oct 20172,5399,35649.292.98$153,063
Sep 20170047.523.09$0

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   26 Mcf  × $  3.15 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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. 06/G/284263 is the state's own key, not one this site invented.