STEWART

Operated by STELLER ENERGY & INVESTMENT CORP (P-5 817320) in the CREDO, N. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39230District 08Field 21599500OilCasinghead gasSaveExport
Value, all time
$3.6 M
Feb 2009 – Dec 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1968-08-08
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition38,244 bbl$2,870,698
Casinghead gasProduction180,500 Mcf$729,193
Total$3,599,891

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 31.9861, -101.2213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98615, -101.22130 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,260 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
1100.0%
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.
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

The one well that filed a depth was drilled to 9,260 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-431332525019,260 ftOct 2012Yes

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 (59)

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

59 months

Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012102089.383.40$9,117
Sep 20123322,20194.672.92$37,854
Aug 20121652,35692.662.91$22,141
Jul 20121762,66085.133.02$23,018
Jun 20123373,16879.822.52$34,880
May 20121854,56691.612.49$28,310
Apr 20123403,907101.652.00$42,363
Mar 20126614,302105.052.22$78,997
Feb 20124953,370101.102.57$58,706
Jan 20123412,90798.092.73$41,397
Dec 20115182,99996.873.24$59,895
Nov 20116892,05095.723.31$72,739
Oct 20114991,05184.983.65$46,240
Sep 20115021,13683.623.99$46,505
Aug 20114872,33383.404.15$50,296
Jul 20116272,32094.144.52$69,506
Jun 20114992,38392.904.64$57,414
May 20115223,23798.134.40$65,482
Apr 20115342,772105.964.33$68,594
Mar 20117333,36896.364.06$84,297
Feb 20116883,24685.644.18$72,489
Jan 20116974,68886.504.59$81,803
Dec 20106924,60785.734.35$79,355
Nov 20101,0394,51580.843.80$101,129
Oct 20103574,33278.103.51$43,082
Sep 20101,0354,72272.633.98$93,963
Aug 20108734,95773.684.42$86,229
Jul 20101,0785,59672.554.74$104,714
Jun 20105842,53570.364.91$53,538
May 20105194,10171.124.24$54,280
Apr 20105285,74381.694.12$66,809
Mar 20108447,16578.394.39$97,606
Feb 20101,0068,14573.585.44$118,350
Jan 20101,01610,80774.365.96$140,004
Dec 20091,8789,53971.445.48$186,474
Nov 20092,4329,19074.593.75$215,879
Oct 20093,7489,61772.544.11$311,408
Sep 20095,1509,15165.543.06$365,577
Aug 200954597167.423.22$39,869
Jul 20095301,24961.133.46$36,726
Jun 20095263,43066.163.90$48,160
May 20091,2403,74754.743.93$82,587
Apr 20097123,13246.773.59$44,536
Mar 20091,0732,20242.144.06$54,154
Feb 20097102732.814.63$23,420

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.

Oct 2012 — as filed, then multipliedworked
Oil                  102 bbl  × $ 89.38 =     $9,117
Casinghead gas         0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $9,117

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/39230 is the state's own key, not one this site invented.