STEWART "C"

Operated by WALSH & WATTS, INC. (P-5 895060) in the MARKLEY, SE. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 51249District 09Field 57616666CondensateGasSaveExport
Value, all time
$10 k
Jan 1993 – Mar 2002
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
111
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 19 leases and 34 wells, and the rule below applies to all of them.

Discovered
1969-02-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
CondensateDisposition60 bbl$1,030
GasProduction5,557 Mcf$8,502
Total$9,532

2,771 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.3495, -98.4325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34946, -98.43250 · 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
4,970 ft
1 wells filed one
Completion to plug
31.5 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 4,970 ft.

Completions filed
Jun 1970
1 of 1 wells
Plug dates filed
Dec 2001
1 of 1 wells

Last completion to plug: a median of 31.5 years across the 1 well that filed both dates, with the middle half between 31.5 years and 31.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5038010514,970 ftJun 1970Dec 2001Yes

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 (111)

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

111 months

Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200260017.172.38$1,030
Dec 20010016.932.36$0
Nov 200104818.072.41$115
Oct 200105719.782.53$144
Sep 200105924.262.25$133
Aug 200106124.873.05$186
Jul 200106423.933.20$205
Jun 200104524.563.82$172
May 200104525.524.31$194
Apr 200104024.685.34$213
Mar 200103424.545.38$183
Feb 200103427.755.77$196
Jan 200104227.478.40$353
Dec 200003726.889.12$338
Nov 200004332.215.66$243
Oct 200004331.235.15$221
Sep 200004931.875.19$254
Aug 200005329.644.54$241
Jul 200005028.534.09$204
Jun 200004629.304.40$202
May 200004627.263.68$169
Apr 200004624.513.12$143
Mar 200004928.422.86$140
Feb 200004027.622.73$109
Jan 200004425.272.48$109
Dec 199904624.282.42$111
Nov 199904823.192.43$117
Oct 199904520.982.80$126
Sep 199904921.752.62$128
Aug 199905119.262.88$147
Jul 199904617.892.37$109
Jun 199904015.942.36$94
May 199905215.792.32$121
Apr 199905115.102.21$113
Mar 199904812.471.84$88
Feb 19990449.981.82$80
Jan 199904910.381.90$93
Dec 19980449.201.77$78
Nov 199804610.892.19$101
Oct 199803912.421.97$77
Sep 199804412.592.08$92
Aug 199805211.301.91$99
Jul 199805411.742.24$121
Jun 199805011.242.24$112
May 199805912.622.21$130
Apr 199805813.042.51$145
Mar 199805812.802.31$134
Feb 199804313.952.30$99
Jan 199804014.702.15$86
Dec 199704216.322.41$101
Nov 199704318.193.09$133
Oct 199705719.253.15$180
Sep 199705717.742.95$168
Aug 199705617.862.55$143
Jul 199705617.582.25$126
Jun 199705117.242.26$115
May 199703818.972.31$88
Apr 199703717.882.08$77
Mar 199704118.951.94$80
Feb 199703820.492.21$84
Jan 199703923.483.54$138
Dec 199604823.32$0
Nov 199604021.97$0
Oct 199604823.31$0
Sep 199603022.22$0
Aug 199604920.26$0
Jul 199604719.55$0
Jun 199602918.73$0
May 199606719.43$0
Apr 199605921.51$0
Mar 199605519.38$0
Feb 199605816.98$0
Jan 199605317.07$0
Dec 199505217.19$0
Nov 199505316.00$0
Oct 199506815.43$0
Sep 199506416.18$0
Aug 199506715.92$0
Jul 199506015.24$0
Jun 199505716.41$0
May 199506717.56$0
Apr 199505517.73$0
Mar 199506016.44$0
Feb 199505216.58$0
Jan 199507515.92$0
Dec 199406215.03$0
Nov 199407015.90$0
Oct 199406715.58$0
Sep 199406815.29$0
Aug 199407016.13$0
Jul 199407217.56$0
Jun 199406817.09$0
May 199406215.88$0
Apr 199403414.14$0
Mar 199405812.46$0
Feb 199405212.50$0
Jan 199405912.66$0
Dec 199305412.33$0
Nov 199305614.49$0
Oct 199306415.85$0
Sep 199306115.03$0
Aug 199306515.66$0
Jul 199306715.46$0
Jun 199306316.79$0
May 199306517.68$0
Apr 199305918.05$0
Mar 199305218.14$0
Feb 199304717.90$0
Jan 199306316.93$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.

Jan 2002 — as filed, then multipliedworked
Condensate            60 bbl  × $ 17.17 =     $1,030
Gas                    0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                   $1,030

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/51249 is the state's own key, not one this site invented.