STEWART

Operated by SNW OPERATING COMPANY (P-5 799856) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 844District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$455 k
Jan 1993 – Jun 2013
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
246
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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 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 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition3,387 bbl$112,444
Casinghead gasProduction130,389 Mcf$342,404
Total$454,847

50,697 Mcf of this lease's gas, across 41 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 (6)

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 35.9695, -101.5641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.96929, -101.56552 · 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%
6 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
3,253 ft
6 wells filed one
Completion to plug
20.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
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 3,241 and 3,438 ft, median 3,253 ft, over the 6 wells that filed a depth.

Completions filed
Aug 1992 – Aug 1993
2 of 6 wells; 4 filed none
Plug dates filed
Jul 1995 – Jan 2013
5 of 6 wells; 1 filed none

Last completion to plug: a median of 20.4 years across the 1 well that filed both dates, with the middle half between 20.4 years and 20.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-2330024243,246 ftJan 2013Yes
42-2330460823,400 ftJan 2013Yes
42-233137165D3,259 ftJul 1995Yes
42-2338142433,241 ftJan 2012Yes
42-2333251363,438 ftAug 1993Yes
42-2330460613,247 ftAug 1992Jan 2013Yes

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 (246)

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

246 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012120085.133.02$10,216
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011050292.904.64$2,329
May 2011052198.134.40$2,295
Apr 2011156164105.964.33$17,240
Mar 2011056696.364.06$2,296
Feb 2011049785.644.18$2,077
Jan 2011054186.504.59$2,483
Dec 2010054685.734.35$2,374
Nov 2010040980.843.80$1,552
Oct 2010039578.103.51$1,386
Sep 2010030572.633.98$1,214
Aug 2010021773.684.42$959
Jul 2010014172.554.74$668
Jun 2010019370.364.91$948
May 2010011671.124.24$491
Apr 201005381.694.12$219
Mar 2010018278.394.39$799
Feb 2010036873.585.44$2,003
Jan 2010038474.365.96$2,290
Dec 2009038571.445.48$2,111
Nov 2009037874.593.75$1,418
Oct 2009035772.544.11$1,467
Sep 2009032365.543.06$990
Aug 2009044367.423.22$1,426
Jul 2009025961.133.46$897
Jun 2009022366.163.90$869
May 2009019454.743.93$762
Apr 2009021446.773.59$768
Mar 2009016642.144.06$674
Feb 2009030632.814.63$1,418
Jan 2009035835.865.37$1,923
Dec 2008035037.105.98$2,092
Nov 2008036855.496.86$2,525
Oct 2008058875.246.92$4,070
Sep 2008163317101.767.88$19,084
Aug 20080529114.228.48$4,488
Jul 20080520131.0811.39$5,923
Jun 200804131.3313.03$52
May 20080574123.1711.57$6,644
Apr 200801,023110.3110.45$10,695
Mar 20080317101.909.66$3,064
Feb 200804992.538.77$430
Jan 20080290.388.21$16
Dec 20070088.337.30$0
Nov 2007010391.677.29$751
Oct 2007038982.856.92$2,693
Sep 2007016975.846.24$1,055
Aug 2007043169.066.39$2,753
Jul 200717630170.906.39$14,401
Jun 2007030962.007.55$2,332
May 20070058.747.85$0
Apr 2007014359.617.81$1,116
Mar 2007021756.927.30$1,585
Feb 2007021855.108.22$1,791
Jan 2007035850.306.73$2,408
Dec 20060456.656.92$28
Nov 20060354.207.62$23
Oct 20060054.906.01$0
Sep 20060260.085.04$10
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060166.286.38$6
May 20060166.016.42$6
Apr 2006027464.397.36$2,017
Mar 2006057356.707.08$4,059
Feb 2006050257.597.75$3,891
Jan 200602260.598.93$197
Dec 2005046354.9413.42$6,211
Nov 2005051854.6910.59$5,485
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200503152.337.38$229
May 2005036445.226.65$2,421
Apr 2005036449.207.36$2,679
Mar 2005062250.377.15$4,450
Feb 200515662045.226.31$10,968
Jan 2005063943.166.32$4,040
Dec 2004010539.866.75$709
Nov 20040045.286.33$0
Oct 200402149.706.52$137
Sep 2004062743.245.28$3,313
Aug 2004042942.375.55$2,381
Jul 2004027338.286.08$1,661
Jun 2004030836.106.43$1,981
May 2004051637.486.49$3,351
Apr 2004047034.475.86$2,753
Mar 2004054234.365.53$2,997
Feb 2004054632.455.51$3,008
Jan 2004055232.036.30$3,477
Dec 2003012530.266.30$788
Nov 20030128.804.60$5
Oct 2003054228.174.76$2,580
Sep 2003042926.314.75$2,037
Aug 200317548529.765.13$7,696
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200305026.595.97$299
Apr 2003059726.675.41$3,228
Mar 2003083831.146.10$5,108
Feb 2003063733.487.93$5,049
Jan 2003023230.315.58$1,295
Dec 2002046626.914.85$2,262
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002051827.443.64$1,883
Aug 20020025.963.16$0
Jul 2002094724.583.06$2,899
Jun 200217166123.733.34$6,264
May 2002080424.663.58$2,882
Apr 200207323.653.51$256
Mar 2002093922.003.10$2,913
Feb 200201,14418.222.38$2,718
Jan 200201,12017.172.38$2,661
Dec 2001161,05416.932.36$2,763
Nov 2001087418.072.41$2,102
Oct 2001079319.782.53$2,005
Sep 2001074824.262.25$1,684
Aug 2001077924.873.05$2,378
Jul 2001070423.933.20$2,251
Jun 2001070824.563.82$2,708
May 2001050425.524.31$2,171
Apr 2001053624.685.34$2,860
Mar 2001072724.545.38$3,909
Feb 2001086227.755.77$4,971
Jan 2001069127.478.40$5,804
Dec 2000048126.889.12$4,388
Nov 200015990532.215.66$10,242
Oct 200001,06631.235.15$5,485
Sep 200001,38831.875.19$7,199
Aug 2000075029.644.54$3,406
Jul 200009728.534.09$397
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000037628.422.86$1,075
Feb 2000083127.622.73$2,266
Jan 2000013925.272.48$345
Dec 19991661424.282.42$4,064
Nov 1999080123.192.43$1,950
Oct 1999074320.982.80$2,083
Sep 1999060621.752.62$1,587
Aug 1999078219.262.88$2,249
Jul 1999077017.892.37$1,827
Jun 1999048815.942.36$1,153
May 1999028615.792.32$664
Apr 1999057215.102.21$1,263
Mar 1999055512.471.84$1,020
Feb 199903779.981.82$685
Jan 1999034210.381.90$650
Dec 199807089.201.77$1,256
Nov 1998089010.892.19$1,945
Oct 199818191012.421.97$4,040
Sep 1998095512.592.08$1,989
Aug 1998087211.301.91$1,663
Jul 1998088211.742.24$1,973
Jun 199801,04111.242.24$2,329
May 199801,13712.622.21$2,509
Apr 1998047113.042.51$1,180
Mar 1998071512.802.31$1,651
Feb 1998059013.952.30$1,356
Jan 1998098314.702.15$2,118
Dec 1997093416.322.41$2,252
Nov 1997072918.193.09$2,251
Oct 1997088219.253.15$2,778
Sep 199701,09617.742.95$3,239
Aug 199701,16817.862.55$2,984
Jul 199701,10617.582.25$2,485
Jun 19971721,07817.242.26$5,399
May 1997077918.972.31$1,798
Apr 1997099017.882.08$2,062
Mar 1997063618.951.94$1,233
Feb 1997086620.492.21$1,910
Jan 1997094023.483.54$3,327
Dec 199601,28323.32$0
Nov 19961561,16521.97$3,427
Oct 199601,17923.31$0
Sep 199601,17922.22$0
Aug 199601,20320.26$0
Jul 199601,12019.55$0
Jun 199601,11118.73$0
May 199601,11619.43$0
Apr 199601,02821.51$0
Mar 199601,06519.38$0
Feb 199601,16316.98$0
Jan 1996091717.07$0
Dec 199501,27117.19$0
Nov 199501,26416.00$0
Oct 199501,32715.43$0
Sep 199501,24116.18$0
Aug 199501,21315.92$0
Jul 199501,31515.24$0
Jun 19951741,30516.41$2,855
May 199501,36617.56$0
Apr 199501,39817.73$0
Mar 19951741,43916.44$2,861
Feb 199501,31716.58$0
Jan 199501,43115.92$0
Dec 19941771,55215.03$2,660
Nov 199401,47915.90$0
Oct 199401,53615.58$0
Sep 199401,54715.29$0
Aug 199401,56116.13$0
Jul 19941761,55217.56$3,091
Jun 19941731,54317.09$2,957
May 199401,54015.88$0
Apr 199401,41114.14$0
Mar 199401,39712.46$0
Feb 199401,30612.50$0
Jan 19941821,54512.66$2,304
Dec 199301,61812.33$0
Nov 19931821,34814.49$2,637
Oct 199318234415.85$2,885
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Jul 2012 — as filed, then multipliedworked
Oil                  120 bbl  × $ 85.13 =    $10,216
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                  $10,216

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. 10/O/844 is the state's own key, not one this site invented.