STEWART TRUST 1523
STEWART TRUST 1523 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 3,027,127 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $736K, with roughly $112K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 4,699 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 31,973 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about STEWART TRUST 1523
- Who operates STEWART TRUST 1523?
- STEWART TRUST 1523 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is STEWART TRUST 1523?
- STEWART TRUST 1523 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 273190.
- Is STEWART TRUST 1523 still producing?
- STEWART TRUST 1523 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWART TRUST 1523 is August 2026.
- How much has STEWART TRUST 1523 produced?
- STEWART TRUST 1523 has reported 3,027,127 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2013 and August 2026, from 1 wellbore.
- How much is STEWART TRUST 1523 worth?
- The remaining production from STEWART TRUST 1523 is estimated to be worth about $736K in total as of 27 August 2026, within a range of $611K to $861K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWART TRUST 1523 is a fraction of it. The estimate fits an Arps decline curve to the production STEWART TRUST 1523 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWART TRUST 1523 is an estimate of value, not an offer and not an appraisal.
- How much income does STEWART TRUST 1523 generate in a year?
- STEWART TRUST 1523 is forecast to net about $112K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEWART TRUST 1523 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 273190 |
| Wellbores | 1 |
| Reported production | 3,027,127 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $736K |
Where STEWART TRUST 1523 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.