STEWART -B-

Name: STEWART -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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.

Oil lease lease 16432District 09Field 57616666OilCasinghead gasSave Export

Value, all time

$64 k

Jan 1993 – Feb 2002

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

110

no gaps in the span

Streams

oil, casinghead gas

The MARKLEY, SE. (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 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.

Stream	Basis	Volume	Value
Oil	Disposition	2,781 bbl	$54,174
Casinghead gas	Production	4,954 Mcf	$9,792
Total			$63,966

1,895 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 33.3420, -98.4244. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34198, -98.42438 · 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

4,957 ft

1 wells filed one

Completion to plug

31.0 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 4,957 ft.

Completions filed

Dec 1970

1 of 1 wells

Plug dates filed

Dec 2001

1 of 1 wells

Last completion to plug: a median of 31.0 years across the 1 well that filed both dates, with the middle half between 31.0 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50330395	1	4,957 ft	Dec 1970	Dec 2001	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 (110)

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

110 months


Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	141	0	16.93	2.36	$2,387
Nov 2001	0	33	18.07	2.41	$79
Oct 2001	180	33	19.78	2.53	$3,644
Sep 2001	0	36	24.26	2.25	$81
Aug 2001	0	44	24.87	3.05	$134
Jul 2001	165	33	23.93	3.20	$4,054
Jun 2001	0	33	24.56	3.82	$126
May 2001	0	49	25.52	4.31	$211
Apr 2001	0	41	24.68	5.34	$219
Mar 2001	0	55	24.54	5.38	$296
Feb 2001	0	46	27.75	5.77	$265
Jan 2001	0	64	27.47	8.40	$538
Dec 2000	0	59	26.88	9.12	$538
Nov 2000	170	57	32.21	5.66	$5,798
Oct 2000	0	66	31.23	5.15	$340
Sep 2000	0	66	31.87	5.19	$342
Aug 2000	171	67	29.64	4.54	$5,373
Jul 2000	0	67	28.53	4.09	$274
Jun 2000	0	60	29.30	4.40	$264
May 2000	0	71	27.26	3.68	$261
Apr 2000	0	60	24.51	3.12	$187
Mar 2000	0	62	28.42	2.86	$177
Feb 2000	170	33	27.62	2.73	$4,785
Jan 2000	0	100	25.27	2.48	$248
Dec 1999	0	108	24.28	2.42	$262
Nov 1999	0	114	23.19	2.43	$277
Oct 1999	0	122	20.98	2.80	$342
Sep 1999	0	119	21.75	2.62	$312
Aug 1999	0	85	19.26	2.88	$244
Jul 1999	0	33	17.89	2.37	$78
Jun 1999	0	33	15.94	2.36	$78
May 1999	0	86	15.79	2.32	$200
Apr 1999	0	84	15.10	2.21	$185
Mar 1999	0	90	12.47	1.84	$165
Feb 1999	0	82	9.98	1.82	$149
Jan 1999	0	76	10.38	1.90	$144
Dec 1998	0	33	9.20	1.77	$59
Nov 1998	0	33	10.89	2.19	$72
Oct 1998	172	33	12.42	1.97	$2,201
Sep 1998	0	33	12.59	2.08	$69
Aug 1998	0	33	11.30	1.91	$63
Jul 1998	0	33	11.74	2.24	$74
Jun 1998	0	33	11.24	2.24	$74
May 1998	204	33	12.62	2.21	$2,647
Apr 1998	0	33	13.04	2.51	$83
Mar 1998	0	33	12.80	2.31	$76
Feb 1998	0	33	13.95	2.30	$76
Jan 1998	0	33	14.70	2.15	$71
Dec 1997	0	33	16.32	2.41	$80
Nov 1997	0	33	18.19	3.09	$102
Oct 1997	0	33	19.25	3.15	$104
Sep 1997	0	33	17.74	2.95	$98
Aug 1997	0	33	17.86	2.55	$84
Jul 1997	0	33	17.58	2.25	$74
Jun 1997	0	33	17.24	2.26	$74
May 1997	0	33	18.97	2.31	$76
Apr 1997	0	33	17.88	2.08	$69
Mar 1997	251	33	18.95	1.94	$4,820
Feb 1997	0	33	20.49	2.21	$73
Jan 1997	0	33	23.48	3.54	$117
Dec 1996	0	33	23.32	—	$0
Nov 1996	0	33	21.97	—	$0
Oct 1996	228	33	23.31	—	$5,315
Sep 1996	0	33	22.22	—	$0
Aug 1996	0	33	20.26	—	$0
Jul 1996	0	33	19.55	—	$0
Jun 1996	0	33	18.73	—	$0
May 1996	0	33	19.43	—	$0
Apr 1996	0	33	21.51	—	$0
Mar 1996	0	33	19.38	—	$0
Feb 1996	0	33	16.98	—	$0
Jan 1996	0	33	17.07	—	$0
Dec 1995	0	33	17.19	—	$0
Nov 1995	0	33	16.00	—	$0
Oct 1995	0	63	15.43	—	$0
Sep 1995	0	74	16.18	—	$0
Aug 1995	0	33	15.92	—	$0
Jul 1995	225	33	15.24	—	$3,429
Jun 1995	0	33	16.41	—	$0
May 1995	0	33	17.56	—	$0
Apr 1995	0	45	17.73	—	$0
Mar 1995	0	71	16.44	—	$0
Feb 1995	0	43	16.58	—	$0
Jan 1995	0	33	15.92	—	$0
Dec 1994	0	33	15.03	—	$0
Nov 1994	0	33	15.90	—	$0
Oct 1994	0	33	15.58	—	$0
Sep 1994	0	33	15.29	—	$0
Aug 1994	234	33	16.13	—	$3,774
Jul 1994	0	33	17.56	—	$0
Jun 1994	0	33	17.09	—	$0
May 1994	0	33	15.88	—	$0
Apr 1994	0	33	14.14	—	$0
Mar 1994	0	33	12.46	—	$0
Feb 1994	0	33	12.50	—	$0
Jan 1994	0	33	12.66	—	$0
Dec 1993	250	33	12.33	—	$3,083
Nov 1993	0	33	14.49	—	$0
Oct 1993	0	33	15.85	—	$0
Sep 1993	0	34	15.03	—	$0
Aug 1993	0	34	15.66	—	$0
Jul 1993	0	102	15.46	—	$0
Jun 1993	0	127	16.79	—	$0
May 1993	0	48	17.68	—	$0
Apr 1993	220	33	18.05	—	$3,971
Mar 1993	0	33	18.14	—	$0
Feb 1993	0	33	17.90	—	$0
Jan 1993	0	33	16.93	—	$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.

Dec 2001 — as filed, then multipliedworked

Oil                  141 bbl  × $ 16.93 =     $2,387
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $2,387

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/O/16432 is the state's own key, not one this site invented.