GW STEWART

Operated by STEWART OIL & GAS (P-5 820577) 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 264501District 09Field 65280200GasSaveExport
Value, all time
$399 k
Mar 2012 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
171
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
GasProduction118,225 Mcf$399,189
Total$399,189

Every month this lease reported (171)

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

171 months

May 20260106.413.05$0
Apr 202651098.932.87$1,464
Mar 202653289.753.15$1,676
Feb 202663163.503.75$2,366
Jan 202674759.138.00$5,974
Dec 202555556.664.41$2,449
Nov 202550358.593.93$1,975
Oct 202543359.383.30$1,431
Sep 202539062.743.08$1,200
Aug 202514663.933.01$440
Jul 202536466.743.32$1,207
Jun 202533466.483.13$1,045
May 202536360.553.23$1,173
Apr 202541862.363.54$1,481
Mar 202541867.704.27$1,784
Feb 202542670.884.34$1,849
Jan 202537574.324.28$1,605
Dec 202437568.993.12$1,171
Nov 202430769.052.20$675
Oct 202431071.372.28$707
Sep 202449869.612.36$1,177
Aug 202450975.632.06$1,050
Jul 202449779.932.15$1,067
Jun 202467478.082.63$1,775
May 202474978.812.20$1,647
Apr 202441284.451.66$684
Mar 202431980.301.55$493
Feb 202467476.091.78$1,202
Jan 202482673.023.30$2,724
Dec 202387771.262.61$2,290
Nov 202349177.892.81$1,379
Oct 202347285.443.09$1,457
Sep 202365889.042.74$1,800
Aug 202370380.522.67$1,879
Jul 202379374.852.64$2,095
Jun 202362868.962.26$1,418
May 202373170.622.23$1,628
Apr 202371578.122.24$1,600
Mar 202373972.852.39$1,769
Feb 202365975.112.47$1,625
Jan 202372976.533.39$2,470
Dec 202261776.415.73$3,535
Nov 202268085.005.65$3,839
Oct 202265387.185.86$3,829
Sep 202267884.888.16$5,535
Aug 202264994.529.13$5,924
Jul 2022846101.587.54$6,381
Jun 20221,074115.097.98$8,568
May 2022642109.378.43$5,414
Apr 2022562104.226.84$3,843
Mar 2022659108.885.08$3,345
Feb 202236591.054.86$1,773
Jan 20221,17281.844.54$5,318
Dec 20211,09971.323.90$4,285
Nov 20211,04177.435.24$5,452
Oct 202180479.795.71$4,594
Sep 202189069.865.35$4,762
Aug 202191066.024.22$3,841
Jul 202185170.783.98$3,389
Jun 202138169.493.38$1,288
May 202165463.483.02$1,974
Apr 202184160.362.76$2,320
Mar 202128261.302.72$766
Feb 202166257.805.55$3,673
Jan 202188550.412.81$2,487
Dec 202091144.642.68$2,437
Nov 20201,62538.772.71$4,398
Oct 2020136.972.48$2
Sep 2020137.091.99$2
Aug 2020139.982.39$2
Jul 2020138.371.83$2
Jun 2020134.901.69$2
May 2020016.921.81$0
Apr 202021214.751.80$383
Mar 202090330.341.86$1,676
Feb 20201149.881.98$22
Jan 202073557.252.09$1,540
Dec 201973359.012.30$1,689
Nov 201956855.302.75$1,562
Oct 201919253.472.42$464
Sep 201944855.052.66$1,190
Aug 201981453.112.30$1,876
Jul 201944356.272.46$1,090
Jun 201954452.782.49$1,355
May 201971458.482.74$1,957
Apr 201974762.632.75$2,055
Mar 201987656.803.06$2,682
Feb 201966750.852.79$1,862
Jan 201961446.033.23$1,982
Dec 201880846.594.19$3,382
Nov 201890952.934.24$3,852
Oct 201881461.443.40$2,766
Sep 201885459.543.11$2,654
Aug 201883759.403.07$2,567
Jul 201873865.142.93$2,164
Jun 201882460.183.08$2,535
May 201892365.382.90$2,677
Apr 201890063.842.90$2,611
Mar 201885061.222.79$2,369
Feb 201889461.782.77$2,473
Jan 20181,15662.874.01$4,635
Dec 20171,04557.272.92$3,053
Nov 201793155.423.12$2,903
Oct 201783049.292.98$2,476
Sep 201791747.523.09$2,831
Aug 20171,08645.373.00$3,263
Jul 20171,08043.873.09$3,334
Jun 201789942.493.09$2,775
May 201796945.373.26$3,162
Apr 201799047.933.21$3,179
Mar 20171,07446.772.98$3,204
Feb 20171,20150.452.95$3,546
Jan 20171,24649.413.42$4,260
Dec 20161,44748.763.72$5,387
Nov 20161,15142.492.64$3,044
Oct 20161,30346.193.09$4,027
Sep 20161,24841.553.10$3,870
Aug 20161,34041.442.92$3,919
Jul 20161,44341.622.92$4,220
Jun 20161,38145.352.69$3,709
May 20161,63042.521.99$3,245
Apr 2016036.561.99$0
Mar 20161,42933.011.79$2,564
Feb 20161,27026.472.06$2,621
Jan 20161,47827.352.36$3,495
Dec 20151,61032.362.00$3,222
Nov 20151,43238.792.17$3,104
Oct 20151,68243.552.43$4,082
Sep 20151,67642.992.76$4,623
Aug 20151,60340.162.87$4,605
Jul 20151,72148.152.95$5,068
Jun 20154356.152.88$124
May 2015055.212.96$0
Apr 201531549.822.71$853
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 201522943.433.10$710
Dec 20145254.693.59$187
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 201427186.164.05$1,096
Aug 2014089.394.04$0
Jul 2014296.564.18$8
Jun 201428698.164.74$1,355
May 2014094.734.73$0
Apr 201436295.944.81$1,741
Mar 2014095.895.06$0
Feb 201441397.406.19$2,557
Jan 2014390.404.86$15
Dec 201336691.824.35$1,594
Nov 20135788.853.74$213
Oct 201326297.423.78$990
Sep 2013295104.113.72$1,097
Aug 2013227104.253.52$800
Jul 2013500102.523.72$1,859
Jun 201317694.403.93$692
May 201358194.834.15$2,411
Apr 20131,55793.964.28$6,668
Mar 20131,83793.623.91$7,188
Feb 20131,90591.233.42$6,515
Jan 201392691.603.42$3,167
Dec 20121,19786.773.42$4,094
Nov 20123,17986.953.62$11,524
Oct 20121,39489.383.40$4,739
Sep 201212294.672.92$356
Aug 20129792.662.91$282
Jul 20121,16885.133.02$3,528
Jun 201262579.822.52$1,574
May 20121,01091.612.49$2,513
Apr 20120101.652.00$0
Mar 20120105.052.22$0

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.

Apr 2026 — as filed, then multipliedworked
Gas                  510 Mcf  × $  2.87 =     $1,464

────────────────────────────────────────────────────
Month total                                   $1,464

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/264501 is the state's own key, not one this site invented.