STEWART 28-21 UNIT

Operated by BLUE ARROW OPERATING, LLC (P-5 101375) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48229District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$106.7 M
Mar 2016 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
123
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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
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
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.

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
OilDisposition1,643,354 bbl$93,457,181
Casinghead gasProduction4,073,653 Mcf$13,255,270
Total$106,712,451

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 31.1234, -103.2229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

31.12803, -103.22362 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,389 ft
3 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.
3100.0%

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 9,407 and 10,452 ft, median 10,389 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2016 – Jul 2018
3 of 3 wells

3 wells

42-371395981SB9,407 ftJul 2018
42-371395992WA10,452 ftJul 2018
42-371393401H10,389 ftMar 2016

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 (123)

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

123 months

May 20261,3946,587106.413.05$168,398
Apr 20263052,64598.932.87$37,764
Mar 20269086,20389.753.15$101,029
Feb 20262,29014,04663.503.75$198,092
Jan 20262,72112,55259.138.00$261,283
Dec 20253,05315,84256.664.41$242,899
Nov 20253,81215,89658.593.93$285,760
Oct 20254,33115,34559.383.30$307,888
Sep 20255,23819,35662.743.08$388,189
Aug 20254,09415,63163.933.01$308,853
Jul 20253,33914,55166.743.32$271,084
Jun 20253,68414,54066.483.13$290,404
May 20254,80316,50460.553.23$344,168
Apr 20254,10015,03162.363.54$308,933
Mar 20253,78117,14367.704.27$329,146
Feb 20253,80815,04770.884.34$335,228
Jan 20253,83617,24574.324.28$358,877
Dec 20244,66522,48768.993.12$392,029
Nov 20244,49321,08369.052.20$356,591
Oct 20245,61226,76671.372.28$461,592
Sep 20246,32427,72969.612.36$505,775
Aug 20245,20527,18375.632.06$449,750
Jul 20245,58929,47379.932.15$509,995
Jun 20246,38128,42078.082.63$573,086
May 20246,28930,10978.812.20$561,829
Apr 20245,41928,34384.451.66$504,661
Mar 20247,13329,93780.301.55$619,036
Feb 20247,81430,68576.091.78$649,298
Jan 20245,66826,90273.023.30$502,591
Dec 20235,70327,46671.262.61$478,102
Nov 20234,96224,16577.892.81$454,335
Oct 20235,54232,71885.443.09$574,518
Sep 20235,19627,48389.042.74$537,819
Aug 20235,24132,17280.522.67$507,997
Jul 20236,34728,54874.852.64$550,491
Jun 20235,13928,77168.962.26$419,364
May 20236,82730,39870.622.23$549,831
Apr 20234,05519,30878.122.24$359,983
Mar 20237,43532,53472.852.39$619,499
Feb 20237,68227,48975.112.47$644,774
Jan 20238,31830,54576.533.39$740,054
Dec 20229,10426,90276.415.73$849,760
Nov 20227,13228,71185.005.65$768,328
Oct 20227,69229,78287.185.86$845,223
Sep 20227,95827,48084.888.16$899,813
Aug 20227,45826,23294.529.13$944,354
Jul 20229,01930,991101.587.54$1,149,887
Jun 20228,74526,029115.097.98$1,214,101
May 202211,50532,433109.378.43$1,531,811
Apr 20225,37811,982104.226.84$642,423
Mar 202210,88133,878108.885.08$1,356,702
Feb 20226,33220,74691.054.86$677,330
Jan 20225,56923,31681.844.54$561,568
Dec 20214,51536,37671.323.90$463,844
Nov 20219,07352,70877.435.24$978,546
Oct 202110,01139,44779.795.71$1,024,173
Sep 202111,15241,86869.865.35$1,003,111
Aug 20219,78842,62966.024.22$826,123
Jul 202112,46046,59470.783.98$1,067,460
Jun 20218,38938,44769.493.38$712,926
May 202111,85247,89663.483.02$896,899
Apr 202111,23539,08060.362.76$785,944
Mar 202111,73240,02761.302.72$827,923
Feb 202110,18038,23857.805.55$800,547
Jan 202114,19045,12650.412.81$842,134
Dec 202012,55343,90944.642.68$677,843
Nov 202010,18239,81138.772.71$502,507
Oct 202013,81542,28136.972.48$615,531
Sep 202013,31740,78837.091.99$575,138
Aug 202013,55944,81939.982.39$648,987
Jul 202014,62447,65238.371.83$648,094
Jun 202013,31542,22834.901.69$536,072
May 202015,39545,45816.921.81$342,978
Apr 202015,29744,57514.751.80$306,061
Mar 202018,26450,75330.341.86$648,339
Feb 202017,96850,98749.881.98$997,232
Jan 202016,42640,56057.252.09$1,025,351
Dec 201917,63645,46059.012.30$1,145,457
Nov 201918,15550,43555.302.75$1,142,703
Oct 201918,16748,23653.472.42$1,088,050
Sep 201914,81941,02855.052.66$924,809
Aug 201918,75644,66553.112.30$1,099,055
Jul 201919,93342,39456.272.46$1,225,922
Jun 201925,49261,19252.782.49$1,497,909
May 201928,26067,69758.482.74$1,838,156
Apr 201934,66368,66662.632.75$2,359,823
Mar 201936,44570,63556.803.06$2,286,367
Feb 201932,37465,11450.852.79$1,828,031
Jan 201943,18392,28046.033.23$2,285,610
Dec 201848,74699,21946.594.19$2,686,351
Nov 201846,90985,82052.934.24$2,846,533
Oct 201850,58589,18061.443.40$3,410,983
Sep 201850,90377,05259.543.11$3,270,242
Aug 201865,02996,86159.403.07$4,159,753
Jul 201850,58183,09165.142.93$3,538,459
Jun 20184174,80960.183.08$39,892
May 20188,16915,26365.382.90$578,364
Apr 20186,88711,28563.842.90$472,402
Mar 201813,81320,38661.222.79$902,444
Feb 201811,97518,90361.782.77$792,103
Jan 201822,88629,24562.874.01$1,556,095
Dec 201720,76227,59457.272.92$1,269,656
Nov 201713,95821,11855.423.12$839,406
Oct 20178,3698,02149.292.98$436,440
Sep 201710,4668,69247.523.09$524,179
Aug 20178,3768,77545.373.00$406,383
Jul 201710,22414,61643.873.09$493,651
Jun 201711,16017,03042.493.09$526,765
May 201711,90116,93845.373.26$595,224
Apr 201710,45615,11047.933.21$549,683
Mar 201712,00011,71346.772.98$596,188
Feb 201712,12420,32550.452.95$671,667
Jan 201712,80917,54249.413.42$692,865
Dec 201613,31617,68848.763.72$715,138
Nov 201614,57917,44242.492.64$665,584
Oct 201616,04220,31846.193.09$803,768
Sep 201619,08821,42741.553.10$859,544
Aug 201615,92620,53141.442.92$720,013
Jul 201624,32932,15641.622.92$1,106,608
Jun 201626,68938,04745.352.69$1,312,534
May 201632,46943,60742.521.99$1,467,405
Apr 201636,30749,81536.561.99$1,426,568
Mar 201622,62030,61533.011.79$801,610

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
Oil                1,394 bbl  × $106.41 =   $148,336
Casinghead gas     6,587 Mcf  × $  3.05 =    $20,063

────────────────────────────────────────────────────
Month total                                 $168,398

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/48229 is the state's own key, not one this site invented.