STEWART HEIRS

Operated by BRIDWELL OIL CO. (P-5 92480) in the STEWART (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198601District 09Field 86109700CondensateGasSaveExport
Value, all time
$105 k
Nov 2003 – Jul 2015
Value, last 12 filed months
$196
at the published price for each month
Months reported
141
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 33 leases and 49 wells, and the rule below applies to all of them.

Discovered
1983-05-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1984-09-01.

The Commission's schedule remark for this field reads: EXCEED 60 ACRES PLUS 10% TOLERANCE PER DOCKET NO. 9-81,783.

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
CondensateDisposition86 bbl$6,943
GasProduction15,215 Mcf$98,176
Total$105,120

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 33.3189, -98.4221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31890, -98.42214 · 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
5,000 ft
1 wells filed one
Completion to plug
11.0 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 5,000 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033788775,000 ftNov 2003Nov 2014Yes

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 (141)

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

141 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201401378.303.90$51
Sep 20140986.164.05$36
Aug 201402789.394.04$109
Jul 20140396.564.18$13
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140897.406.19$50
Jan 201401190.404.86$53
Dec 2013011391.824.35$492
Nov 20130488.853.74$15
Oct 20130297.423.78$8
Sep 2013014104.113.72$52
Aug 201309104.253.52$32
Jul 2013027102.523.72$100
Jun 201306994.403.93$271
May 201304894.834.15$199
Apr 201305493.964.28$231
Mar 2013010193.623.91$395
Feb 2013022891.233.42$780
Jan 2013014991.603.42$510
Dec 20124211586.773.42$4,038
Nov 2012010586.953.62$381
Oct 201207889.383.40$265
Sep 20120194.672.92$3
Aug 20120692.662.91$17
Jul 20120685.133.02$18
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 20120398.092.73$8
Dec 201103696.873.24$117
Nov 2011013995.723.31$460
Oct 2011015284.983.65$555
Sep 2011014383.623.99$570
Aug 2011013783.404.15$568
Jul 2011018794.144.52$845
Jun 2011018792.904.64$868
May 2011016998.134.40$744
Apr 20110118105.964.33$511
Mar 201105796.364.06$231
Feb 201101785.644.18$71
Jan 201105086.504.59$229
Dec 2010015285.734.35$661
Nov 201009580.843.80$361
Oct 2010024778.103.51$867
Sep 201009472.633.98$374
Aug 201009573.684.42$420
Jul 201009872.554.74$464
Jun 2010015770.364.91$771
May 2010014671.124.24$618
Apr 201003781.694.12$153
Mar 201002578.394.39$110
Feb 201001873.585.44$98
Jan 20100674.365.96$36
Dec 200903571.445.48$192
Nov 200906674.593.75$248
Oct 200901872.544.11$74
Sep 200905765.543.06$175
Aug 200906767.423.22$216
Jul 200904161.133.46$142
Jun 2009012966.163.90$502
May 20090754.743.93$27
Apr 200904346.773.59$154
Mar 200901842.144.06$73
Feb 200906832.814.63$315
Jan 200907035.865.37$376
Dec 200801637.105.98$96
Nov 2008015855.496.86$1,084
Oct 2008020275.246.92$1,398
Sep 200803101.767.88$24
Aug 20080109114.228.48$925
Jul 200804131.0811.39$46
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20080172110.3110.45$1,798
Mar 20080205101.909.66$1,981
Feb 2008021192.538.77$1,851
Jan 2008018990.388.21$1,551
Dec 2007018188.337.30$1,322
Nov 20072415891.677.29$3,352
Oct 2007010982.856.92$755
Sep 2007017275.846.24$1,074
Aug 2007019169.066.39$1,220
Jul 2007018170.906.39$1,156
Jun 2007011862.007.55$891
May 2007017158.747.85$1,342
Apr 2007018259.617.81$1,421
Mar 2007022056.927.30$1,606
Feb 2007015555.108.22$1,273
Jan 2007011850.306.73$794
Dec 2006017656.656.92$1,218
Nov 2006017154.207.62$1,303
Oct 2006010254.906.01$613
Sep 2006015860.085.04$796
Aug 2006016268.717.34$1,189
Jul 2006017869.376.34$1,129
Jun 2006018566.286.38$1,181
May 2006019766.016.42$1,266
Apr 2006017464.397.36$1,281
Mar 2006015056.707.08$1,062
Feb 2006016357.597.75$1,263
Jan 2006016560.598.93$1,474
Dec 20052017254.9413.42$3,406
Nov 2005019954.6910.59$2,107
Oct 2005027158.3413.80$3,739
Sep 2005025361.4512.08$3,056
Aug 2005025161.519.80$2,459
Jul 2005016655.697.84$1,302
Jun 2005021952.337.38$1,616
May 2005019445.226.65$1,290
Apr 2005018849.207.36$1,384
Mar 2005027250.377.15$1,946
Feb 2005019045.226.31$1,199
Jan 2005027343.166.32$1,726
Dec 2004026939.866.75$1,816
Nov 2004026945.286.33$1,703
Oct 2004024749.706.52$1,609
Sep 2004032443.245.28$1,712
Aug 2004025042.375.55$1,388
Jul 2004023038.286.08$1,399
Jun 2004016736.106.43$1,074
May 2004015337.486.49$994
Apr 2004024434.475.86$1,429
Mar 2004011834.365.53$653
Feb 2004023232.455.51$1,278
Jan 2004018732.036.30$1,178
Dec 2003016530.266.30$1,040
Nov 2003012228.804.60$561

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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.30 =         $0
Gas                   13 Mcf  × $  3.90 =        $51

────────────────────────────────────────────────────
Month total                                      $51

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. 09/G/198601 is the state's own key, not one this site invented.