STEWART 3012

Operated by BAYSWATER OPERATING COMPANY LLC (P-5 58827) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40250District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.8 M
May 2010 – Jun 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
170
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition23,332 bbl$1,735,006
Casinghead gasProduction31,443 Mcf$107,877
Total$1,842,883

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 32.3999, -101.2212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39985, -101.22123 · 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
100.0%
1 of 1 wells
Median depth
8,129 ft
1 wells filed one
Completion to plug
7.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,129 ft.

Completions filed
Dec 2016
1 of 1 wells
Plug dates filed
Jan 2024
1 of 1 wells

Last completion to plug: a median of 7.1 years across the 1 well that filed both dates, with the middle half between 7.1 years and 7.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273634618,129 ftDec 2016Jan 2024Yes

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 (170)

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

170 months

Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221760101.587.54$17,878
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221920104.226.84$20,010
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022298081.844.54$24,388
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021182079.795.71$14,522
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021168070.783.98$11,891
Jun 20210069.493.38$0
May 2021179063.483.02$11,363
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021170050.412.81$8,570
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20201795737.091.99$6,753
Aug 20200839.982.39$19
Jul 2020178038.371.83$6,830
Jun 20200034.901.69$0
May 2020140016.921.81$2,369
Apr 2020158014.751.80$2,331
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20191728759.012.30$10,350
Nov 201908455.302.75$231
Oct 201917329253.472.42$9,957
Sep 2019221355.052.66$676
Aug 201917418053.112.30$9,656
Jul 2019021156.272.46$519
Jun 201918213452.782.49$9,940
May 2019020858.482.74$570
Apr 201917920462.632.75$11,772
Mar 2019020456.803.06$625
Feb 201918622250.852.79$10,078
Jan 2019028246.033.23$910
Dec 201817427546.594.19$9,258
Nov 2018026452.934.24$1,119
Oct 201817528061.443.40$11,703
Sep 201815419259.543.11$9,766
Aug 2018021559.403.07$659
Jul 201815321265.142.93$10,588
Jun 2018020360.183.08$625
May 201816920465.382.90$11,641
Apr 201816618263.842.90$11,125
Mar 2018019561.222.79$543
Feb 201817225861.782.77$11,340
Jan 2018028662.874.01$1,147
Dec 201718627457.272.92$11,453
Nov 201717025655.423.12$10,220
Oct 2017025749.292.98$767
Sep 201718118347.523.09$9,166
Aug 2017019045.373.00$571
Jul 201718718843.873.09$8,784
Jun 2017018042.493.09$556
May 201716217445.373.26$7,918
Apr 2017016147.933.21$517
Mar 201716720046.772.98$8,407
Feb 2017012550.452.95$369
Jan 20170049.413.42$0
Dec 2016166048.763.72$8,094
Nov 20160042.492.64$0
Oct 201609346.193.09$287
Sep 201616523241.553.10$7,575
Aug 201616614741.442.92$7,309
Jul 2016014641.622.92$427
Jun 201616719345.352.69$8,092
May 201617425742.521.99$7,910
Apr 201617924536.561.99$7,032
Mar 2016025833.011.79$463
Feb 201617723126.472.06$5,162
Jan 201616427527.352.36$5,136
Dec 201516426932.362.00$5,845
Nov 2015027638.792.17$598
Oct 201519727043.552.43$9,235
Sep 201516125142.992.76$7,614
Aug 201516825840.162.87$7,488
Jul 201516426848.152.95$8,686
Jun 2015025856.152.88$744
May 201519229155.212.96$11,460
Apr 201517927749.822.71$9,668
Mar 201515227942.892.93$7,338
Feb 201516322644.662.98$7,952
Jan 201518620343.433.10$8,707
Dec 2014024454.693.59$876
Nov 201413723670.464.25$10,656
Oct 201418224778.303.90$15,214
Sep 201418822586.164.05$17,108
Aug 20141765889.394.04$15,967
Jul 2014018696.564.18$777
Jun 201434425898.164.74$34,989
May 2014026394.734.73$1,243
Apr 201416326195.944.81$16,893
Mar 201417427095.895.06$18,050
Feb 201416825997.406.19$17,967
Jan 201417428490.404.86$17,110
Dec 201318530791.824.35$18,324
Nov 2013030288.853.74$1,129
Oct 201317230897.423.78$17,920
Sep 2013159296104.113.72$17,654
Aug 2013173344104.253.52$19,247
Jul 2013171349102.523.72$18,828
Jun 201317733594.403.93$18,026
May 201317834594.834.15$18,311
Apr 201318130493.964.28$18,309
Mar 201317634893.623.91$17,839
Feb 201317426591.233.42$16,780
Jan 201313926291.603.42$13,628
Dec 201218434286.773.42$17,135
Nov 201217934186.953.62$16,800
Oct 201214537689.383.40$14,238
Sep 201218635394.672.92$18,639
Aug 201217438692.662.91$17,245
Jul 201235141985.133.02$31,146
Jun 2012041379.822.52$1,040
May 201234134191.612.49$32,088
Apr 20120374101.652.00$747
Mar 2012342407105.052.22$36,831
Feb 2012181383101.102.57$19,284
Jan 201235444498.092.73$35,938
Dec 201118035396.873.24$18,580
Nov 201117939095.723.31$18,425
Oct 201136749384.983.65$32,986
Sep 201116754183.623.99$16,121
Aug 2011362083.404.15$30,191
Jul 201135558694.144.52$36,067
Jun 201117870792.904.64$19,817
May 201154979198.134.40$57,358
Apr 2011176637105.964.33$21,409
Mar 201136652996.364.06$37,414
Feb 201135846485.644.18$32,599
Jan 201153050786.504.59$48,172
Dec 201054268385.734.35$49,435
Nov 201072374780.843.80$61,282
Oct 201053133778.103.51$42,654
Sep 2010177072.633.98$12,856
Aug 2010883073.684.42$65,059
Jul 20101,769072.554.74$128,341
Jun 2010524070.364.91$36,869
May 20100071.124.24$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.

Jul 2022 — as filed, then multipliedworked
Oil                  176 bbl  × $101.58 =    $17,878
Casinghead gas         0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                  $17,878

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/40250 is the state's own key, not one this site invented.