STEWERT HEIRS -B-

Operated by BRIDWELL OIL CO. (P-5 92480) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29359District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$25 k
Jul 1997 – Jul 2000
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
37
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition740 bbl$13,465
Casinghead gasProduction4,915 Mcf$11,906
Total$25,371

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 33.3241, -98.4295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32408, -98.42953 · 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
5,002 ft
1 wells filed one
Completion to plug
2.8 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 5,002 ft.

Completions filed
Jul 1997
1 of 1 wells
Plug dates filed
Apr 2000
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50338048165,002 ftJul 1997Apr 2000Yes

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 (37)

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

37 months

Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000172027.263.68$4,689
Apr 200007024.513.12$218
Mar 2000021328.422.86$609
Feb 2000017327.622.73$472
Jan 2000020225.272.48$501
Dec 1999024424.282.42$591
Nov 199909223.192.43$224
Oct 1999015720.982.80$440
Sep 1999020021.752.62$524
Aug 1999022619.262.88$650
Jul 1999017817.892.37$422
Jun 199916815215.942.36$3,037
May 1999015515.792.32$360
Apr 19993212715.102.21$764
Mar 1999013712.471.84$252
Feb 199901759.981.82$318
Jan 199907010.381.90$133
Dec 19980559.201.77$98
Nov 199809010.892.19$197
Oct 1998257912.421.97$466
Sep 1998016112.592.08$335
Aug 1998026511.301.91$505
Jul 1998017811.742.24$398
Jun 1998010811.242.24$242
May 19980012.622.21$0
Apr 1998014413.042.51$361
Mar 199815711812.802.31$2,282
Feb 1998010213.952.30$235
Jan 1998013914.702.15$300
Dec 1997010816.322.41$260
Nov 1997013618.193.09$420
Oct 1997013519.253.15$425
Sep 199715716517.742.95$3,273
Aug 1997016317.862.55$416
Jul 19972919817.582.25$955

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 2000 — as filed, then multipliedworked
Oil                  172 bbl  × $ 27.26 =     $4,689
Casinghead gas         0 Mcf  × $  3.68 =         $0

────────────────────────────────────────────────────
Month total                                   $4,689

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/29359 is the state's own key, not one this site invented.