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 198603District 09Field 86109700CondensateGasSaveExport
Value, all time
$155 k
Nov 2003 – Nov 2014
Value, last 12 filed months
$603
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
CondensateDisposition142 bbl$11,467
GasProduction20,832 Mcf$143,719
Total$155,186

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 33.3248, -98.4199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32483, -98.41986 · 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
5,700 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 5,700 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

42-23736027175,700 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 201401078.303.90$39
Sep 20140786.164.05$28
Aug 201402089.394.04$81
Jul 20140296.564.18$8
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140697.406.19$37
Jan 20140890.404.86$39
Dec 201308591.824.35$370
Nov 20130388.853.74$11
Oct 20130197.423.78$4
Sep 2013010104.113.72$37
Aug 201307104.253.52$25
Jul 2013020102.523.72$74
Jun 201305194.403.93$201
May 201303694.834.15$149
Apr 201304093.964.28$171
Mar 201307693.623.91$297
Feb 2013017191.233.42$585
Jan 2013011291.603.42$383
Dec 2012698686.773.42$6,281
Nov 201207986.953.62$286
Oct 201205989.383.40$201
Sep 20120394.672.92$9
Aug 20120992.662.91$26
Jul 20120985.133.02$27
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 201102796.873.24$87
Nov 2011010495.723.31$344
Oct 2011011484.983.65$416
Sep 2011010783.623.99$426
Aug 2011010383.404.15$427
Jul 2011014094.144.52$632
Jun 2011014092.904.64$650
May 2011012798.134.40$559
Apr 2011089105.964.33$386
Mar 201104296.364.06$170
Feb 201101285.644.18$50
Jan 201103786.504.59$170
Dec 2010011485.734.35$496
Nov 201007180.843.80$269
Oct 2010018678.103.51$653
Sep 201007072.633.98$279
Aug 201007173.684.42$314
Jul 201007372.554.74$346
Jun 2010011770.364.91$575
May 2010010971.124.24$462
Apr 201002881.694.12$115
Mar 201001978.394.39$83
Feb 201001473.585.44$76
Jan 20100474.365.96$24
Dec 200902671.445.48$143
Nov 200904974.593.75$184
Oct 200901472.544.11$58
Sep 200904365.543.06$132
Aug 200905067.423.22$161
Jul 200903161.133.46$107
Jun 200909766.163.90$378
May 20090554.743.93$20
Apr 200903246.773.59$115
Mar 200901342.144.06$53
Feb 200905132.814.63$236
Jan 200905335.865.37$285
Dec 200801237.105.98$72
Nov 2008011955.496.86$816
Oct 2008015175.246.92$1,045
Sep 200803101.767.88$24
Aug 2008054114.228.48$458
Jul 200802131.0811.39$23
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20080287110.3110.45$3,001
Mar 20080342101.909.66$3,305
Feb 2008035192.538.77$3,078
Jan 2008031690.388.21$2,593
Dec 2007030188.337.30$2,198
Nov 20074026391.677.29$5,585
Oct 2007018382.856.92$1,267
Sep 2007028675.846.24$1,786
Aug 2007031869.066.39$2,031
Jul 2007030270.906.39$1,929
Jun 2007019762.007.55$1,487
May 2007028658.747.85$2,244
Apr 2007030359.617.81$2,365
Mar 2007036656.927.30$2,673
Feb 2007025855.108.22$2,120
Jan 2007019650.306.73$1,318
Dec 2006029456.656.92$2,034
Nov 2006028554.207.62$2,171
Oct 2006017054.906.01$1,022
Sep 2006026460.085.04$1,330
Aug 2006027168.717.34$1,989
Jul 2006029769.376.34$1,884
Jun 2006030966.286.38$1,973
May 2006032866.016.42$2,107
Apr 2006029164.397.36$2,142
Mar 2006024956.707.08$1,764
Feb 2006027257.597.75$2,108
Jan 2006027660.598.93$2,466
Dec 20053328654.9413.42$5,650
Nov 2005033254.6910.59$3,515
Oct 2005045258.3413.80$6,236
Sep 2005042161.4512.08$5,085
Aug 2005041961.519.80$4,105
Jul 2005027655.697.84$2,165
Jun 2005036452.337.38$2,687
May 2005032445.226.65$2,155
Apr 2005031449.207.36$2,311
Mar 2005045450.377.15$3,248
Feb 2005031645.226.31$1,995
Jan 2005045443.166.32$2,870
Dec 2004044839.866.75$3,024
Nov 2004044845.286.33$2,836
Oct 2004041249.706.52$2,684
Sep 2004054043.245.28$2,853
Aug 2004041642.375.55$2,309
Jul 2004038238.286.08$2,324
Jun 2004027836.106.43$1,788
May 2004025537.486.49$1,656
Apr 2004040634.475.86$2,379
Mar 2004019934.365.53$1,101
Feb 2004037732.455.51$2,077
Jan 2004030232.036.30$1,902
Dec 2003026430.266.30$1,664
Nov 2003019628.804.60$901

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                   10 Mcf  × $  3.90 =        $39

────────────────────────────────────────────────────
Month total                                      $39

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/198603 is the state's own key, not one this site invented.