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 198602District 09Field 86109700CondensateGasSaveExport
Value, all time
$68 k
Nov 2003 – Nov 2014
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
133
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
CondensateDisposition42 bbl$3,422
GasProduction11,248 Mcf$64,881
Total$68,303

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 33.3224, -98.4180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32240, -98.41800 · 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

42-2373580395,000 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 (133)

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

133 months

Nov 20140070.464.25$0
Oct 201401678.303.90$62
Sep 201401286.164.05$49
Aug 201403489.394.04$137
Jul 20140496.564.18$17
Jun 20140198.164.74$5
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201401097.406.19$62
Jan 201401490.404.86$68
Dec 2013014291.824.35$618
Nov 20130588.853.74$19
Oct 20130297.423.78$8
Sep 2013017104.113.72$63
Aug 2013011104.253.52$39
Jul 2013033102.523.72$123
Jun 201308694.403.93$338
May 201306094.834.15$249
Apr 201306793.964.28$287
Mar 2013012693.623.91$493
Feb 2013028591.233.42$975
Jan 2013018791.603.42$640
Dec 20122014486.773.42$2,228
Nov 2012013286.953.62$478
Oct 201209889.383.40$333
Sep 20120194.672.92$3
Aug 20120292.662.91$6
Jul 20120285.133.02$6
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 20120498.092.73$11
Dec 201104596.873.24$146
Nov 2011017395.723.31$573
Oct 2011019084.983.65$693
Sep 2011017983.623.99$713
Aug 2011017283.404.15$714
Jul 2011023494.144.52$1,057
Jun 2011023392.904.64$1,081
May 2011021298.134.40$934
Apr 20110147105.964.33$637
Mar 201107296.364.06$292
Feb 201102285.644.18$92
Jan 201106286.504.59$285
Dec 2010019085.734.35$826
Nov 2010011980.843.80$452
Oct 2010030978.103.51$1,084
Sep 2010011872.633.98$470
Aug 2010011973.684.42$526
Jul 2010012272.554.74$578
Jun 2010019770.364.91$967
May 2010018271.124.24$771
Apr 201004781.694.12$194
Mar 201003278.394.39$140
Feb 201002273.585.44$120
Jan 20100874.365.96$48
Dec 200904471.445.48$241
Nov 200908374.593.75$311
Oct 200902372.544.11$95
Sep 200907165.543.06$218
Aug 200908467.423.22$270
Jul 200905261.133.46$180
Jun 2009016166.163.90$627
May 20090954.743.93$35
Apr 200905446.773.59$194
Mar 200902342.144.06$93
Feb 200908532.814.63$394
Jan 200908835.865.37$473
Dec 200802037.105.98$120
Nov 2008019855.496.86$1,358
Oct 2008025375.246.92$1,751
Sep 200804101.767.88$32
Aug 20080110114.228.48$933
Jul 200804131.0811.39$46
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008086110.3110.45$899
Mar 20080102101.909.66$986
Feb 2008010592.538.77$921
Jan 200809590.388.21$780
Dec 200709088.337.30$657
Nov 2007137891.677.29$1,760
Oct 200705582.856.92$381
Sep 200708575.846.24$531
Aug 200709469.066.39$600
Jul 200709070.906.39$575
Jun 200705962.007.55$445
May 200708658.747.85$675
Apr 200709159.617.81$710
Mar 2007011056.927.30$803
Feb 200707855.108.22$641
Jan 200705950.306.73$397
Dec 200608856.656.92$609
Nov 200608654.207.62$655
Oct 200605254.906.01$313
Sep 200607960.085.04$398
Aug 200608268.717.34$602
Jul 200608969.376.34$565
Jun 200609366.286.38$594
May 200609766.016.42$623
Apr 200608864.397.36$648
Mar 200607456.707.08$524
Feb 200608357.597.75$643
Jan 200608360.598.93$741
Dec 200598654.9413.42$1,648
Nov 2005010054.6910.59$1,059
Oct 2005013658.3413.80$1,876
Sep 2005012661.4512.08$1,522
Aug 2005012761.519.80$1,244
Jul 200508355.697.84$651
Jun 2005010952.337.38$805
May 200509745.226.65$645
Apr 200509449.207.36$692
Mar 2005013750.377.15$980
Feb 200509545.226.31$600
Jan 2005013643.166.32$860
Dec 2004013439.866.75$905
Nov 2004013445.286.33$848
Oct 2004012349.706.52$801
Sep 2004016243.245.28$856
Aug 2004012542.375.55$694
Jul 2004011538.286.08$700
Jun 200408336.106.43$534
May 200407637.486.49$494
Apr 2004012234.475.86$715
Mar 200406034.365.53$332
Feb 2004012632.455.51$694
Jan 200409532.036.30$598
Dec 200308230.266.30$517
Nov 200306128.804.60$280

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                   16 Mcf  × $  3.90 =        $62

────────────────────────────────────────────────────
Month total                                      $62

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/198602 is the state's own key, not one this site invented.