STEWART HEIRS "E"

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.

Oil lease lease 24188District 09Field 86109700NGPA filingOilCasinghead gasSaveExport
Value, all time
$746 k
Jan 1993 – Oct 2020
Value, last 12 filed months
$12
at the published price for each month
Months reported
334
no gaps in the span
Streams
2
oil, casinghead 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 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition4,607 bbl$185,820
Casinghead gasProduction154,425 Mcf$560,164
Total$745,984

29,670 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 (4)

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 33.3133, -98.4051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.31284, -98.40496 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
5,000 ft
4 wells filed one
Completion to plug
36.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 2,820 and 5,000 ft, median 5,000 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1984 – May 1987
4 of 4 wells
Plug dates filed
May 1998 – Jul 2020
4 of 4 wells

Last completion to plug: a median of 36.3 years across the 4 wells that filed both dates, with the middle half between 29.9 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-237040231SW2,820 ftMay 1987May 1998Yes
42-23735884145,000 ftApr 1984Jun 2020Yes
42-23735882155,000 ftApr 1984Jul 2020Yes
42-23735883135,000 ftApr 1984Jul 2020Yes

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 (334)

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

334 months

Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200649.881.98$12
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019167053.112.30$8,869
Jul 20190756.272.46$17
Jun 2019026652.782.49$663
May 2019057258.482.74$1,567
Apr 2019057662.632.75$1,584
Mar 2019048256.803.06$1,476
Feb 2019045150.852.79$1,259
Jan 2019023246.033.23$749
Dec 201807546.594.19$314
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018013259.543.11$410
Aug 201808859.403.07$270
Jul 201802465.142.93$70
Jun 201816414360.183.08$10,310
May 2018020265.382.90$586
Apr 2018056763.842.90$1,645
Mar 2018022561.222.79$627
Feb 2018038961.782.77$1,076
Jan 2018020262.874.01$810
Dec 201704457.272.92$129
Nov 2017025855.423.12$805
Oct 2017013349.292.98$397
Sep 2017016947.523.09$522
Aug 2017018845.373.00$565
Jul 2017023243.873.09$716
Jun 201717831642.493.09$8,539
May 2017038645.373.26$1,260
Apr 2017058247.933.21$1,869
Mar 201706346.772.98$188
Feb 20170050.452.95$0
Jan 2017013849.413.42$472
Dec 2016024748.763.72$920
Nov 2016037342.492.64$986
Oct 2016038046.193.09$1,174
Sep 20161041.553.10$42
Aug 2016072741.442.92$2,126
Jul 2016028941.622.92$845
Jun 2016030745.352.69$825
May 2016023142.521.99$460
Apr 2016019936.561.99$396
Mar 201607533.011.79$135
Feb 2016053826.472.06$1,110
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015013338.792.17$288
Oct 2015012043.552.43$291
Sep 2015011642.992.76$320
Aug 2015019540.162.87$560
Jul 2015033248.152.95$978
Jun 2015061656.152.88$1,776
May 20158682755.212.96$7,192
Apr 2015064149.822.71$1,735
Mar 2015067042.892.93$1,966
Feb 2015011244.662.98$333
Jan 201517994143.433.10$10,692
Dec 2014073954.693.59$2,654
Nov 2014040470.464.25$1,718
Oct 2014056478.303.90$2,200
Sep 2014067586.164.05$2,731
Aug 2014054589.394.04$2,199
Jul 2014045996.564.18$1,918
Jun 2014061098.164.74$2,890
May 20141001,00994.734.73$14,242
Apr 2014082195.944.81$3,948
Mar 201401,22795.895.06$6,205
Feb 2014041997.406.19$2,594
Jan 2014052590.404.86$2,552
Dec 2013046391.824.35$2,016
Nov 201301,06588.853.74$3,981
Oct 201301,27897.423.78$4,830
Sep 20130651104.113.72$2,420
Aug 20130411104.253.52$1,448
Jul 20130692102.523.72$2,573
Jun 201301,68694.403.93$6,632
May 201301,10394.834.15$4,576
Apr 20131651,53093.964.28$22,056
Mar 201301,34593.623.91$5,263
Feb 2013019091.233.42$650
Jan 2013082991.603.42$2,835
Dec 20121651,21586.773.42$18,473
Nov 201234095286.953.62$33,014
Oct 2012057589.383.40$1,955
Sep 2012017394.672.92$505
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012056101.102.57$144
Jan 201205898.092.73$159
Dec 201105896.873.24$188
Nov 2011018095.723.31$596
Oct 201107084.983.65$255
Sep 2011010683.623.99$422
Aug 2011013483.404.15$556
Jul 201106194.144.52$276
Jun 2011018192.904.64$840
May 201109798.134.40$427
Apr 20110243105.964.33$1,053
Mar 2011015296.364.06$617
Feb 2011024585.644.18$1,024
Jan 2011036886.504.59$1,689
Dec 2010045585.734.35$1,978
Nov 2010015680.843.80$592
Oct 2010037578.103.51$1,316
Sep 2010036372.633.98$1,445
Aug 2010029173.684.42$1,286
Jul 2010049672.554.74$2,349
Jun 2010055770.364.91$2,735
May 2010026871.124.24$1,135
Apr 2010023381.694.12$961
Mar 2010026178.394.39$1,145
Feb 2010017473.585.44$947
Jan 2010026174.365.96$1,557
Dec 200916229971.445.48$13,213
Nov 2009037174.593.75$1,392
Oct 2009029972.544.11$1,229
Sep 2009028665.543.06$877
Aug 2009033867.423.22$1,088
Jul 200907661.133.46$263
Jun 2009026466.163.90$1,028
May 2009023554.743.93$923
Apr 2009030846.773.59$1,105
Mar 2009019042.144.06$771
Feb 2009023132.814.63$1,070
Jan 2009028535.865.37$1,531
Dec 2008012237.105.98$729
Nov 2008027555.496.86$1,887
Oct 2008042875.246.92$2,963
Sep 2008092101.767.88$725
Aug 20080373114.228.48$3,164
Jul 2008019131.0811.39$216
Jun 2008020131.3313.03$261
May 2008034123.1711.57$394
Apr 20080253110.3110.45$2,645
Mar 20080252101.909.66$2,435
Feb 2008014792.538.77$1,289
Jan 2008029690.388.21$2,429
Dec 2007024188.337.30$1,760
Nov 20078229291.677.29$9,646
Oct 2007031182.856.92$2,153
Sep 2007055875.846.24$3,484
Aug 2007036669.066.39$2,338
Jul 2007033970.906.39$2,166
Jun 2007028262.007.55$2,129
May 2007045758.747.85$3,586
Apr 2007022259.617.81$1,733
Mar 2007026056.927.30$1,899
Feb 2007029855.108.22$2,448
Jan 2007028550.306.73$1,917
Dec 2006045456.656.92$3,141
Nov 2006039754.207.62$3,024
Oct 200613540154.906.01$9,823
Sep 2006019460.085.04$977
Aug 2006034568.717.34$2,532
Jul 2006025569.376.34$1,617
Jun 2006035366.286.38$2,254
May 2006027866.016.42$1,786
Apr 2006027964.397.36$2,054
Mar 2006031756.707.08$2,245
Feb 2006023857.597.75$1,845
Jan 2006050960.598.93$4,547
Dec 2005060954.9413.42$8,170
Nov 2005047254.6910.59$4,998
Oct 2005043358.3413.80$5,974
Sep 2005031661.4512.08$3,817
Aug 2005064861.519.80$6,348
Jul 2005073955.697.84$5,796
Jun 2005082252.337.38$6,067
May 2005084845.226.65$5,640
Apr 200501,00049.207.36$7,360
Mar 2005088750.377.15$6,346
Feb 2005099945.226.31$6,306
Jan 2005064743.166.32$4,090
Dec 2004071839.866.75$4,847
Nov 2004067945.286.33$4,298
Oct 2004073849.706.52$4,808
Sep 2004047343.245.28$2,499
Aug 2004065642.375.55$3,641
Jul 200416287438.286.08$11,519
Jun 2004077236.106.43$4,966
May 2004094437.486.49$6,131
Apr 2004031834.475.86$1,863
Mar 200401,49134.365.53$8,245
Feb 2004076832.455.51$4,231
Jan 2004064632.036.30$4,070
Dec 2003053330.266.30$3,359
Nov 2003058128.804.60$2,670
Oct 2003068428.174.76$3,256
Sep 2003045626.314.75$2,166
Aug 2003064129.765.13$3,288
Jul 2003053229.415.17$2,751
Jun 2003077628.565.98$4,643
May 2003063326.595.97$3,781
Apr 2003081726.675.41$4,418
Mar 200301,10731.146.10$6,748
Feb 2003091533.487.93$7,252
Jan 2003073430.315.58$4,097
Dec 200210792926.914.85$7,389
Nov 2002088224.664.14$3,649
Oct 2002099126.464.23$4,191
Sep 2002083227.443.64$3,024
Aug 2002046225.963.16$1,462
Jul 2002057124.583.06$1,748
Jun 2002048323.733.34$1,612
May 2002069424.663.58$2,487
Apr 2002055623.653.51$1,953
Mar 2002085022.003.10$2,637
Feb 2002056418.222.38$1,340
Jan 2002048317.172.38$1,147
Dec 200116455216.932.36$4,082
Nov 2001050318.072.41$1,210
Oct 2001060219.782.53$1,522
Sep 2001072824.262.25$1,639
Aug 2001062424.873.05$1,905
Jul 2001051023.933.20$1,631
Jun 2001076124.563.82$2,910
May 2001057825.524.31$2,490
Apr 2001061924.685.34$3,303
Mar 2001075824.545.38$4,075
Feb 2001071027.755.77$4,095
Jan 2001063427.478.40$5,325
Dec 200014576926.889.12$10,913
Nov 2000069932.215.66$3,955
Oct 2000076631.235.15$3,941
Sep 2000040231.875.19$2,085
Aug 2000050529.644.54$2,293
Jul 2000053528.534.09$2,188
Jun 2000058829.304.40$2,586
May 2000050327.263.68$1,851
Apr 2000053824.513.12$1,676
Mar 2000064928.422.86$1,856
Feb 2000046227.622.73$1,260
Jan 2000048825.272.48$1,210
Dec 199918645324.282.42$5,614
Nov 1999035123.192.43$854
Oct 1999052520.982.80$1,472
Sep 1999064721.752.62$1,694
Aug 1999068819.262.88$1,978
Jul 1999073417.892.37$1,741
Jun 1999068515.942.36$1,618
May 1999058115.792.32$1,349
Apr 1999059815.102.21$1,320
Mar 199919772712.471.84$3,793
Feb 199906129.981.82$1,112
Jan 1999062810.381.90$1,193
Dec 199808039.201.77$1,424
Nov 1998095710.892.19$2,092
Oct 1998066012.421.97$1,300
Sep 1998039512.592.08$823
Aug 1998061911.301.91$1,181
Jul 1998062711.742.24$1,403
Jun 1998055511.242.24$1,242
May 1998046512.622.21$1,026
Apr 1998057913.042.51$1,451
Mar 1998065112.802.31$1,503
Feb 1998045513.952.30$1,046
Jan 1998066914.702.15$1,442
Dec 199717867316.322.41$4,528
Nov 1997039318.193.09$1,214
Oct 1997035219.253.15$1,109
Sep 1997038117.742.95$1,126
Aug 1997040717.862.55$1,040
Jul 1997047417.582.25$1,065
Jun 1997043217.242.26$975
May 1997048018.972.31$1,108
Apr 1997016517.882.08$344
Mar 1997033718.951.94$653
Feb 1997038620.492.21$851
Jan 199716023023.483.54$4,571
Dec 1996033523.32$0
Nov 199607221.97$0
Oct 1996046123.31$0
Sep 1996046122.22$0
Aug 199619652020.26$3,971
Jul 1996035219.55$0
Jun 1996087018.73$0
May 1996075419.43$0
Apr 1996018421.51$0
Mar 1996041019.38$0
Feb 1996037316.98$0
Jan 1996061217.07$0
Dec 1995069917.19$0
Nov 199516867916.00$2,688
Oct 1995064315.43$0
Sep 1995078316.18$0
Aug 1995082715.92$0
Jul 1995083615.24$0
Jun 199514581216.41$2,379
May 1995083117.56$0
Apr 1995077117.73$0
Mar 199514778316.44$2,417
Feb 1995052416.58$0
Jan 1995068615.92$0
Dec 199415371115.03$2,300
Nov 1994075815.90$0
Oct 1994038515.58$0
Sep 199416378715.29$2,492
Aug 1994085916.13$0
Jul 1994065417.56$0
Jun 1994053217.09$0
May 1994069815.88$0
Apr 199413075714.14$1,838
Mar 1994083012.46$0
Feb 1994048512.50$0
Jan 1994035112.66$0
Dec 199317140312.33$2,108
Nov 1993077814.49$0
Oct 1993015415.85$0
Sep 1993048215.03$0
Aug 1993019115.66$0
Jul 1993058415.46$0
Jun 1993070316.79$0
May 1993086117.68$0
Apr 1993089318.05$0
Mar 199311189918.14$2,014
Feb 1993075517.90$0
Jan 1993088216.93$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.

Feb 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 49.88 =         $0
Casinghead gas         6 Mcf  × $  1.98 =        $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/O/24188 is the state's own key, not one this site invented.