STEWART, G. C. -B-

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30795District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$595 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
236
no gaps in the span
Streams
2
oil, casinghead 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 285 leases and 3,948 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 11/22/11.

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
OilDisposition17,000 bbl$593,856
Casinghead gasProduction187 Mcf$719
Total$594,575

48 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 32.1154, -101.3648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.11550, -101.36591 · 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
100.0%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
2,500 ft
3 wells filed one
Completion to plug
47.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 2,402 and 2,550 ft, median 2,500 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1950 – Jul 1995
3 of 3 wells
Plug dates filed
Jan 1997
1 of 3 wells; 2 filed none

Last completion to plug: a median of 47.0 years across the 1 well that filed both dates, with the middle half between 47.0 years and 47.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-22733941112,500 ftJul 1995Yes
42-22732543102,550 ftJan 1982Yes
42-2272034212,402 ftJan 1950Jan 1997Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011194095.723.31$18,570
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011158094.144.52$14,874
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011157086.504.59$13,581
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010166072.554.74$12,043
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010174073.585.44$12,803
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009175061.133.46$10,698
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009172035.865.37$6,168
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081411131.0811.39$18,494
Jun 200801131.3313.03$13
May 200801123.1711.57$12
Apr 20081501110.3110.45$16,557
Mar 200801101.909.66$10
Feb 2008163192.538.77$15,091
Jan 20080190.388.21$8
Dec 2007155188.337.30$13,698
Nov 20070191.677.29$7
Oct 2007154182.856.92$12,766
Sep 20070175.846.24$6
Aug 20070169.066.39$6
Jul 2007163170.906.39$11,563
Jun 20070162.007.55$8
May 20070158.747.85$8
Apr 2007160159.617.81$9,545
Mar 20070156.927.30$7
Feb 2007142155.108.22$7,832
Jan 20070150.306.73$7
Dec 2006162156.656.92$9,184
Nov 2006181154.207.62$9,818
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 200690168.717.34$6,191
Jul 200667169.376.34$4,654
Jun 200695166.286.38$6,303
May 2006165166.016.42$10,898
Apr 20060164.397.36$7
Mar 2006125156.707.08$7,095
Feb 200687157.597.75$5,018
Jan 200627160.598.93$1,645
Dec 2005116154.9413.42$6,386
Nov 2005178154.6910.59$9,745
Oct 20050158.3413.80$14
Sep 200589161.4512.08$5,481
Aug 2005122161.519.80$7,514
Jul 200559155.697.84$3,294
Jun 200553152.337.38$2,781
May 2005170145.226.65$7,694
Apr 20050149.207.36$7
Mar 200587150.377.15$4,389
Feb 200562145.226.31$2,810
Jan 2005110143.166.32$4,754
Dec 200476139.866.75$3,036
Nov 200486145.286.33$3,900
Oct 200471149.706.52$3,535
Sep 2004118143.245.28$5,108
Aug 2004152142.375.55$6,446
Jul 2004174138.286.08$6,667
Jun 2004152136.106.43$5,494
May 2004101137.486.49$3,792
Apr 200476134.475.86$2,626
Mar 2004114134.365.53$3,923
Feb 200484132.455.51$2,731
Jan 200467132.036.30$2,152
Dec 2003226130.266.30$6,845
Nov 200390128.804.60$2,597
Oct 2003167128.174.76$4,709
Sep 2003104126.314.75$2,741
Aug 200388129.765.13$2,624
Jul 2003121129.415.17$3,564
Jun 200394128.565.98$2,691
May 20030126.595.97$6
Apr 2003100126.675.41$2,672
Mar 200377131.146.10$2,404
Feb 200375133.487.93$2,519
Jan 200385130.315.58$2,582
Dec 2002112126.914.85$3,019
Nov 2002100124.664.14$2,470
Oct 2002110126.464.23$2,915
Sep 200286127.443.64$2,363
Aug 200259125.963.16$1,535
Jul 2002181124.583.06$4,452
Jun 200294123.733.34$2,234
May 200286124.663.58$2,124
Apr 2002107123.653.51$2,534
Mar 200264122.003.10$1,411
Feb 2002100118.222.38$1,824
Jan 2002103117.172.38$1,771
Dec 200176116.932.36$1,289
Nov 2001103118.072.41$1,864
Oct 200176119.782.53$1,506
Sep 2001108124.262.25$2,622
Aug 200190124.873.05$2,241
Jul 2001102123.933.20$2,444
Jun 2001104124.563.82$2,558
May 200195125.524.31$2,429
Apr 200190124.685.34$2,227
Mar 200195124.545.38$2,337
Feb 2001122127.755.77$3,391
Jan 200176127.478.40$2,096
Dec 200060126.889.12$1,622
Nov 2000120132.215.66$3,871
Oct 2000104131.235.15$3,253
Sep 200099131.875.19$3,160
Aug 200054129.644.54$1,605
Jul 2000143128.534.09$4,084
Jun 2000153129.304.40$4,487
May 20000127.263.68$4
Apr 200069124.513.12$1,694
Mar 2000133128.422.86$3,783
Feb 2000122127.622.73$3,372
Jan 2000105125.272.48$2,656
Dec 199991124.282.42$2,212
Nov 199999123.192.43$2,298
Oct 199996120.982.80$2,017
Sep 199975121.752.62$1,634
Aug 1999113119.262.88$2,179
Jul 199990117.892.37$1,612
Jun 1999116115.942.36$1,851
May 1999116115.792.32$1,834
Apr 199971115.102.21$1,074
Mar 199977112.471.84$962
Feb 199910319.981.82$1,030
Jan 199998110.381.90$1,019
Dec 199810419.201.77$959
Nov 199883110.892.19$906
Oct 1998111112.421.97$1,381
Sep 1998111112.592.08$1,400
Aug 199894111.301.91$1,064
Jul 1998148111.742.24$1,740
Jun 1998112111.242.24$1,261
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 1998131112.802.31$1,679
Feb 1998113113.952.30$1,579
Jan 199863114.702.15$928
Dec 19970116.322.41$2
Nov 1997119118.193.09$2,168
Oct 1997128119.253.15$2,467
Sep 199781117.742.95$1,440
Aug 1997103117.862.55$1,842
Jul 1997109117.582.25$1,918
Jun 199793117.242.26$1,606
May 19970118.972.31$2
Apr 1997102117.882.08$1,826
Mar 1997113118.951.94$2,143
Feb 199774120.492.21$1,518
Jan 1997120123.483.54$2,821
Dec 1996103123.32$2,402
Nov 1996102121.97$2,241
Oct 1996106123.31$2,471
Sep 1996118122.22$2,622
Aug 1996108120.26$2,188
Jul 1996116119.55$2,268
Jun 19960118.73$0
May 1996122119.43$2,370
Apr 1996101121.51$2,173
Mar 1996127119.38$2,461
Feb 199693116.98$1,579
Jan 1996107117.07$1,826
Dec 1995109117.19$1,874
Nov 1995187116.00$2,992
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 1995117115.24$1,783
Jun 199593116.41$1,526
May 19950117.56$0
Apr 199595117.73$1,684
Mar 19950116.44$0
Feb 1995111116.58$1,840
Jan 19950115.92$0
Dec 199497115.03$1,458
Nov 19940115.90$0
Oct 199454115.58$841
Sep 199449115.29$749
Aug 199445116.13$726
Jul 199460117.56$1,054
Jun 199458117.09$991
May 199458115.88$921
Apr 199457114.14$806
Mar 199459112.46$735
Feb 199447112.50$588
Jan 199462112.66$785
Dec 199371112.33$875
Nov 199349114.49$710
Oct 199374115.85$1,173
Sep 199336115.03$541
Aug 199365115.66$1,018
Jul 199358115.46$897
Jun 199361116.79$1,024
May 199363117.68$1,114
Apr 199354118.05$975
Mar 1993114118.14$2,068
Feb 19930117.90$0
Jan 199369116.93$1,168

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.

Nov 2011 — as filed, then multipliedworked
Oil                  194 bbl  × $ 95.72 =    $18,570
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $18,570

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. 08/O/30795 is the state's own key, not one this site invented.