SAVAGE, STEWART
SAVAGE, STEWART is a Texas oil lease in Matagorda County, Railroad Commission district 03, operated by Alltex Exploration, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 62,215 barrels. The lease is intermittent. 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 $7K, with roughly $1K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was March 2021, at 73 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SAVAGE, STEWART
- Who operates SAVAGE, STEWART?
- SAVAGE, STEWART is operated by Alltex Exploration, Inc., Railroad Commission of Texas operator number 015050.
- Where is SAVAGE, STEWART?
- SAVAGE, STEWART is a Texas oil lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 10610.
- Is SAVAGE, STEWART still producing?
- SAVAGE, STEWART is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SAVAGE, STEWART is August 2026.
- How much has SAVAGE, STEWART produced?
- SAVAGE, STEWART has reported 62,215 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is SAVAGE, STEWART worth?
- The remaining production from SAVAGE, STEWART is estimated to be worth about $7K in total as of 27 August 2026, within a range of $0 to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAVAGE, STEWART is a fraction of it. The estimate fits an Arps decline curve to the production SAVAGE, STEWART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAVAGE, STEWART is an estimate of value, not an offer and not an appraisal.
- How much income does SAVAGE, STEWART generate in a year?
- SAVAGE, STEWART is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAVAGE, STEWART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alltex Exploration, Inc. |
|---|---|
| Field | Wadsworth (A-2) |
| County | Matagorda County, Texas |
| RRC district | 03 |
| Lease number | 10610 |
| Wellbores | 3 |
| Reported production | 62,215 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where SAVAGE, STEWART 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.