STEWART A
STEWART A is a Texas oil lease in Milam County, Railroad Commission district 03, operated by Treadstone Energy Prtnr Op, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 387,611 barrels. 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 $1.8M, with roughly $587K 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 756 barrels a month. Its strongest month on the record we hold was May 2019, at 35,666 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 A
- Who operates STEWART A?
- STEWART A is operated by Treadstone Energy Prtnr Op, LLC, Railroad Commission of Texas operator number 866905.
- Where is STEWART A?
- STEWART A is a Texas oil lease in Milam County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27590.
- Is STEWART A still producing?
- STEWART A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWART A is August 2026.
- How much has STEWART A produced?
- STEWART A has reported 387,611 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
- How much is STEWART A worth?
- The remaining production from STEWART A is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWART A is a fraction of it. The estimate fits an Arps decline curve to the production STEWART A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWART A is an estimate of value, not an offer and not an appraisal.
- How much income does STEWART A generate in a year?
- STEWART A is forecast to net about $587K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEWART A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Treadstone Energy Prtnr Op, LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Milam County, Texas |
| RRC district | 03 |
| Lease number | 27590 |
| Wellbores | 1 |
| Reported production | 387,611 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where STEWART A 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.