STEWART HEIRS

Name: STEWART HEIRS lease production and value, Nov 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 198604District 09Field 86109700CondensateGasSave Export

Value, all time

$134 k

Nov 2003 – Mar 2017

Value, last 12 filed months

$46

at the published price for each month

Months reported

161

no gaps in the span

Streams

condensate, gas

The STEWART (MARBLE FALLS) field

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.

Stream	Basis	Volume	Value
Condensate	Disposition	104 bbl	$7,905
Gas	Production	22,505 Mcf	$125,765
Total			$133,670

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 33.3152, -98.4268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31521, -98.42681 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,004 ft

1 wells filed one

Completion to plug

13.1 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 5,004 ft.

Completions filed

Nov 2003

1 of 1 wells

Plug dates filed

Dec 2016

1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50338213	18	5,004 ft	Nov 2003	Dec 2016	Yes

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 (161)

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

161 months


Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	6	42.52	1.99	$12
Apr 2016	0	17	36.56	1.99	$34
Mar 2016	0	142	33.01	1.79	$255
Feb 2016	0	1	26.47	2.06	$2
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	30	32.36	2.00	$60
Nov 2015	0	152	38.79	2.17	$329
Oct 2015	0	113	43.55	2.43	$274
Sep 2015	0	11	42.99	2.76	$30
Aug 2015	0	175	40.16	2.87	$503
Jul 2015	0	298	48.15	2.95	$878
Jun 2015	0	300	56.15	2.88	$865
May 2015	19	169	55.21	2.96	$1,548
Apr 2015	0	334	49.82	2.71	$904
Mar 2015	0	187	42.89	2.93	$549
Feb 2015	0	386	44.66	2.98	$1,149
Jan 2015	0	152	43.43	3.10	$471
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	26	78.30	3.90	$101
Sep 2014	0	19	86.16	4.05	$77
Aug 2014	0	54	89.39	4.04	$218
Jul 2014	0	7	96.56	4.18	$29
Jun 2014	0	1	98.16	4.74	$5
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	17	97.40	6.19	$105
Jan 2014	0	23	90.40	4.86	$112
Dec 2013	0	227	91.82	4.35	$988
Nov 2013	0	9	88.85	3.74	$34
Oct 2013	0	4	97.42	3.78	$15
Sep 2013	0	27	104.11	3.72	$100
Aug 2013	0	18	104.25	3.52	$63
Jul 2013	0	53	102.52	3.72	$197
Jun 2013	0	137	94.40	3.93	$539
May 2013	0	96	94.83	4.15	$398
Apr 2013	0	107	93.96	4.28	$458
Mar 2013	0	202	93.62	3.91	$790
Feb 2013	0	456	91.23	3.42	$1,559
Jan 2013	0	298	91.60	3.42	$1,019
Dec 2012	41	229	86.77	3.42	$4,341
Nov 2012	0	211	86.95	3.62	$765
Oct 2012	0	156	89.38	3.40	$530
Sep 2012	0	6	94.67	2.92	$18
Aug 2012	0	6	92.66	2.91	$17
Jul 2012	0	6	85.13	3.02	$18
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	7	98.09	2.73	$19
Dec 2011	0	71	96.87	3.24	$230
Nov 2011	0	277	95.72	3.31	$917
Oct 2011	0	305	84.98	3.65	$1,113
Sep 2011	0	285	83.62	3.99	$1,136
Aug 2011	0	275	83.40	4.15	$1,141
Jul 2011	0	373	94.14	4.52	$1,685
Jun 2011	0	373	92.90	4.64	$1,731
May 2011	0	339	98.13	4.40	$1,493
Apr 2011	0	235	105.96	4.33	$1,018
Mar 2011	0	115	96.36	4.06	$467
Feb 2011	0	35	85.64	4.18	$146
Jan 2011	0	99	86.50	4.59	$454
Dec 2010	0	304	85.73	4.35	$1,322
Nov 2010	0	191	80.84	3.80	$725
Oct 2010	0	495	78.10	3.51	$1,737
Sep 2010	0	188	72.63	3.98	$748
Aug 2010	0	189	73.68	4.42	$835
Jul 2010	0	195	72.55	4.74	$924
Jun 2010	0	315	70.36	4.91	$1,547
May 2010	0	291	71.12	4.24	$1,232
Apr 2010	0	75	81.69	4.12	$309
Mar 2010	0	51	78.39	4.39	$224
Feb 2010	0	35	73.58	5.44	$190
Jan 2010	0	12	74.36	5.96	$72
Dec 2009	0	70	71.44	5.48	$384
Nov 2009	0	132	74.59	3.75	$495
Oct 2009	0	37	72.54	4.11	$152
Sep 2009	0	113	65.54	3.06	$346
Aug 2009	0	133	67.42	3.22	$428
Jul 2009	0	83	61.13	3.46	$288
Jun 2009	0	257	66.16	3.90	$1,001
May 2009	0	14	54.74	3.93	$55
Apr 2009	0	85	46.77	3.59	$305
Mar 2009	0	37	42.14	4.06	$150
Feb 2009	0	136	32.81	4.63	$630
Jan 2009	0	141	35.86	5.37	$757
Dec 2008	0	31	37.10	5.98	$185
Nov 2008	0	317	55.49	6.86	$2,175
Oct 2008	0	405	75.24	6.92	$2,803
Sep 2008	0	7	101.76	7.88	$55
Aug 2008	0	165	114.22	8.48	$1,400
Jul 2008	0	5	131.08	11.39	$57
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	172	110.31	10.45	$1,798
Mar 2008	0	205	101.90	9.66	$1,981
Feb 2008	0	211	92.53	8.77	$1,851
Jan 2008	0	189	90.38	8.21	$1,551
Dec 2007	0	181	88.33	7.30	$1,322
Nov 2007	24	158	91.67	7.29	$3,352
Oct 2007	0	109	82.85	6.92	$755
Sep 2007	0	172	75.84	6.24	$1,074
Aug 2007	0	191	69.06	6.39	$1,220
Jul 2007	0	181	70.90	6.39	$1,156
Jun 2007	0	118	62.00	7.55	$891
May 2007	0	171	58.74	7.85	$1,342
Apr 2007	0	182	59.61	7.81	$1,421
Mar 2007	0	220	56.92	7.30	$1,606
Feb 2007	0	155	55.10	8.22	$1,273
Jan 2007	0	118	50.30	6.73	$794
Dec 2006	0	176	56.65	6.92	$1,218
Nov 2006	0	171	54.20	7.62	$1,303
Oct 2006	0	102	54.90	6.01	$613
Sep 2006	0	158	60.08	5.04	$796
Aug 2006	0	162	68.71	7.34	$1,189
Jul 2006	0	178	69.37	6.34	$1,129
Jun 2006	0	185	66.28	6.38	$1,181
May 2006	0	197	66.01	6.42	$1,266
Apr 2006	0	174	64.39	7.36	$1,281
Mar 2006	0	150	56.70	7.08	$1,062
Feb 2006	0	163	57.59	7.75	$1,263
Jan 2006	0	165	60.59	8.93	$1,474
Dec 2005	20	172	54.94	13.42	$3,406
Nov 2005	0	199	54.69	10.59	$2,107
Oct 2005	0	271	58.34	13.80	$3,739
Sep 2005	0	253	61.45	12.08	$3,056
Aug 2005	0	251	61.51	9.80	$2,459
Jul 2005	0	166	55.69	7.84	$1,302
Jun 2005	0	219	52.33	7.38	$1,616
May 2005	0	194	45.22	6.65	$1,290
Apr 2005	0	188	49.20	7.36	$1,384
Mar 2005	0	272	50.37	7.15	$1,946
Feb 2005	0	190	45.22	6.31	$1,199
Jan 2005	0	273	43.16	6.32	$1,726
Dec 2004	0	269	39.86	6.75	$1,816
Nov 2004	0	269	45.28	6.33	$1,703
Oct 2004	0	247	49.70	6.52	$1,609
Sep 2004	0	324	43.24	5.28	$1,712
Aug 2004	0	250	42.37	5.55	$1,388
Jul 2004	0	230	38.28	6.08	$1,399
Jun 2004	0	167	36.10	6.43	$1,074
May 2004	0	153	37.48	6.49	$994
Apr 2004	0	244	34.47	5.86	$1,429
Mar 2004	0	118	34.36	5.53	$653
Feb 2004	0	232	32.45	5.51	$1,278
Jan 2004	0	187	32.03	6.30	$1,178
Dec 2003	0	165	30.26	6.30	$1,040
Nov 2003	0	122	28.80	4.60	$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.

May 2016 — as filed, then multipliedworked

Condensate             0 bbl  × $ 42.52 =         $0
Gas                    6 Mcf  × $  1.99 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/198604 is the state's own key, not one this site invented.