STEWART

Operated by UPP OPERATING, LLC (P-5 875310) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242638District 09Field 65280200GasSaveExport
Value, all time
$12.1 M
Apr 2008 – May 2026
Value, last 12 filed months
$162 k
at the published price for each month
Months reported
218
no gaps in the span
Streams
1
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
GasProduction2,491,728 Mcf$12,101,941
Total$12,101,941

Every month this lease reported (218)

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

218 months

May 20263,112106.413.05$9,479
Apr 20262,96098.932.87$8,494
Mar 20263,69789.753.15$11,643
Feb 20263,10263.503.75$11,633
Jan 20263,48959.138.00$27,905
Dec 20253,84456.664.41$16,965
Nov 20253,81158.593.93$14,964
Oct 20253,90059.383.30$12,889
Sep 20253,75762.743.08$11,560
Aug 20253,65763.933.01$11,025
Jul 20254,04166.743.32$13,397
Jun 20253,91466.483.13$12,246
May 20254,09260.553.23$13,227
Apr 20253,98662.363.54$14,123
Mar 20254,18167.704.27$17,846
Feb 20253,87270.884.34$16,808
Jan 20254,17674.324.28$17,868
Dec 20244,23668.993.12$13,222
Nov 20244,26669.052.20$9,379
Oct 20243,95471.372.28$9,021
Sep 20243,88969.612.36$9,195
Aug 20243,64875.632.06$7,528
Jul 20243,61679.932.15$7,762
Jun 20243,50478.082.63$9,229
May 20243,74778.812.20$8,238
Apr 20243,61384.451.66$5,995
Mar 20243,82580.301.55$5,910
Feb 20243,54276.091.78$6,318
Jan 20243,52573.023.30$11,624
Dec 20234,10271.262.61$10,709
Nov 20234,32877.892.81$12,151
Oct 20234,35485.443.09$13,442
Sep 20234,53389.042.74$12,398
Aug 20234,68580.522.67$12,522
Jul 20234,56974.852.64$12,070
Jun 20233,66568.962.26$8,277
May 20232,80270.622.23$6,241
Apr 20232,96178.122.24$6,626
Mar 20233,07772.852.39$7,364
Feb 20232,62975.112.47$6,482
Jan 20233,37976.533.39$11,447
Dec 20222,20876.415.73$12,650
Nov 20222,92085.005.65$16,487
Oct 20223,86987.185.86$22,687
Sep 20223,86484.888.16$31,544
Aug 20223,61694.529.13$33,004
Jul 20224,097101.587.54$30,900
Jun 20224,256115.097.98$33,951
May 20224,509109.378.43$38,025
Apr 20224,417104.226.84$30,202
Mar 20224,890108.885.08$24,824
Feb 20224,33691.054.86$21,068
Jan 20224,98581.844.54$22,620
Dec 20215,24071.323.90$20,431
Nov 20214,92177.435.24$25,771
Oct 20215,08879.795.71$29,072
Sep 20214,97269.865.35$26,605
Aug 20215,48066.024.22$23,129
Jul 20214,90670.783.98$19,536
Jun 20214,65569.493.38$15,737
May 20214,94263.483.02$14,913
Apr 20214,70260.362.76$12,970
Mar 20214,91261.302.72$13,346
Feb 20214,29857.805.55$23,845
Jan 20215,82350.412.81$16,364
Dec 20205,91944.642.68$15,836
Nov 20205,89338.772.71$15,950
Oct 20205,96036.972.48$14,771
Sep 20201,52937.091.99$3,044
Aug 20206739.982.39$160
Jul 202020138.371.83$367
Jun 20202,21234.901.69$3,739
May 20205,24516.921.81$9,518
Apr 20205,26914.751.80$9,507
Mar 20206,20430.341.86$11,516
Feb 20202,97649.881.98$5,894
Jan 20204,88457.252.09$10,231
Dec 20193,30559.012.30$7,616
Nov 20194,81355.302.75$13,239
Oct 20196,03553.472.42$14,596
Sep 20195,32055.052.66$14,137
Aug 20195,56953.112.30$12,833
Jul 20195,90156.272.46$14,517
Jun 20195,66552.782.49$14,113
May 20195,52758.482.74$15,146
Apr 20195,51462.632.75$15,167
Mar 20196,01856.803.06$18,428
Feb 20195,25350.852.79$14,668
Jan 20196,11746.033.23$19,747
Dec 20185,27746.594.19$22,087
Nov 20186,36252.934.24$26,957
Oct 20186,87261.443.40$23,352
Sep 20186,23059.543.11$19,363
Aug 20186,41359.403.07$19,666
Jul 20186,88765.142.93$20,192
Jun 20185,59560.183.08$17,215
May 20187,02965.382.90$20,390
Apr 20186,90363.842.90$20,024
Mar 20187,31161.222.79$20,375
Feb 20186,92861.782.77$19,164
Jan 20187,98462.874.01$32,010
Dec 20178,38757.272.92$24,503
Nov 20178,33955.423.12$26,004
Oct 20178,47149.292.98$25,275
Sep 20177,74347.523.09$23,905
Aug 20177,66345.373.00$23,023
Jul 20177,72443.873.09$23,846
Jun 20177,79842.493.09$24,075
May 20177,87245.373.26$25,689
Apr 20177,02447.933.21$22,558
Mar 20178,08946.772.98$24,135
Feb 20177,70850.452.95$22,759
Jan 20178,22849.413.42$28,130
Dec 20167,71348.763.72$28,714
Nov 20167,70842.492.64$20,383
Oct 20169,10846.193.09$28,146
Sep 20168,51841.553.10$26,411
Aug 20164,64141.442.92$13,572
Jul 20168,20441.622.92$23,991
Jun 20166,66645.352.69$17,904
May 20167,89142.521.99$15,711
Apr 20167,31036.561.99$14,555
Mar 20166,60633.011.79$11,851
Feb 20166,63626.472.06$13,694
Jan 20167,87127.352.36$18,610
Dec 20156,05832.362.00$12,125
Nov 20157,71038.792.17$16,710
Oct 201510,43643.552.43$25,324
Sep 201511,01742.992.76$30,390
Aug 201510,16140.162.87$29,187
Jul 20159,72948.152.95$28,653
Jun 201510,19356.152.88$29,385
May 201511,01455.212.96$32,551
Apr 201512,44049.822.71$33,670
Mar 201510,61642.892.93$31,155
Feb 20159,29544.662.98$27,664
Jan 201512,36543.433.10$38,339
Dec 201411,81154.693.59$42,418
Nov 201412,43970.464.25$52,889
Oct 201410,29078.303.90$40,141
Sep 201412,85786.164.05$52,012
Aug 201412,64389.394.04$51,016
Jul 201411,31096.564.18$47,271
Jun 20149,92798.164.74$47,023
May 201410,03294.734.73$47,417
Apr 20148,36795.944.81$40,238
Mar 201413,07695.895.06$66,123
Feb 201412,41097.406.19$76,843
Jan 201412,22090.404.86$59,398
Dec 201315,43191.824.35$67,194
Nov 201313,86488.853.74$51,828
Oct 201314,35697.423.78$54,256
Sep 201313,428104.113.72$49,922
Aug 201315,151104.253.52$53,371
Jul 201312,304102.523.72$45,743
Jun 201314,47994.403.93$56,952
May 201312,26494.834.15$50,884
Apr 201316,55793.964.28$70,907
Mar 201316,50493.623.91$64,578
Feb 201315,92791.233.42$54,469
Jan 201315,33391.603.42$52,437
Dec 201213,99386.773.42$47,858
Nov 201214,68886.953.62$53,243
Oct 201216,79389.383.40$57,091
Sep 201213,04194.672.92$38,059
Aug 201217,65992.662.91$51,355
Jul 201218,50885.133.02$55,909
Jun 201216,20179.822.52$40,811
May 201216,50391.612.49$41,065
Apr 201216,090101.652.00$32,129
Mar 201218,104105.052.22$40,229
Feb 201218,020101.102.57$46,316
Jan 201220,97898.092.73$57,356
Dec 201117,89496.873.24$57,972
Nov 20116,39395.723.31$21,169
Oct 201111,13984.983.65$40,641
Sep 201114,20583.623.99$56,618
Aug 201113,23383.404.15$54,908
Jul 201113,15194.144.52$59,406
Jun 201111,13492.904.64$51,660
May 201110,78498.134.40$47,502
Apr 201111,067105.964.33$47,956
Mar 201110,11896.364.06$41,052
Feb 201110,95885.644.18$45,804
Jan 201118,38886.504.59$84,378
Dec 201026,09485.734.35$113,450
Nov 201030,54480.843.80$115,925
Oct 201030,23878.103.51$106,102
Sep 201026,26572.633.98$104,521
Aug 201016,69073.684.42$73,759
Jul 201014,06272.554.74$66,605
Jun 201017,87670.364.91$87,778
May 201014,84671.124.24$62,876
Apr 2010081.694.12$0
Mar 201023,45978.394.39$102,954
Feb 201019,25173.585.44$104,771
Jan 201021,74874.365.96$129,707
Dec 200926,47071.445.48$145,155
Nov 200928,15774.593.75$105,631
Oct 200918,94272.544.11$77,856
Sep 200922,74465.543.06$69,705
Aug 200925,11267.423.22$80,823
Jul 200920,38461.133.46$70,620
Jun 200925,78366.163.90$100,425
May 200934,45154.743.93$135,246
Apr 200935,83146.773.59$128,544
Mar 200940,19742.144.06$163,160
Feb 200928,81532.814.63$133,500
Jan 200926,81835.865.37$144,039
Dec 200838,76537.105.98$231,704
Nov 200845,80055.496.86$314,204
Oct 200847,41075.246.92$328,171
Sep 200851,987101.767.88$409,506
Aug 200857,171114.228.48$484,983
Jul 200864,973131.0811.39$740,005
Jun 200867,315131.3313.03$877,291
May 2008101,577123.1711.57$1,175,682
Apr 200821,846110.3110.45$228,397

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
Gas                3,112 Mcf  × $  3.05 =     $9,479

────────────────────────────────────────────────────
Month total                                   $9,479

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/242638 is the state's own key, not one this site invented.