STEWART - JONES UNIT NO.2
STEWART - JONES UNIT NO.2 is a Texas oil lease in Jim Wells County, Railroad Commission district 04, operated by Logas Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 11,140 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 $232K, with roughly $45K 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 53 barrels a month. Its strongest month on the record we hold was February 2019, at 383 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 - JONES UNIT NO.2
- Who operates STEWART - JONES UNIT NO.2?
- STEWART - JONES UNIT NO.2 is operated by Logas Energy, LLC, Railroad Commission of Texas operator number 505860.
- Where is STEWART - JONES UNIT NO.2?
- STEWART - JONES UNIT NO.2 is a Texas oil lease in Jim Wells County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14119.
- Is STEWART - JONES UNIT NO.2 still producing?
- STEWART - JONES UNIT NO.2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWART - JONES UNIT NO.2 is August 2026.
- How much has STEWART - JONES UNIT NO.2 produced?
- STEWART - JONES UNIT NO.2 has reported 11,140 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 1 wellbore.
- How much is STEWART - JONES UNIT NO.2 worth?
- The remaining production from STEWART - JONES UNIT NO.2 is estimated to be worth about $232K in total as of 27 August 2026, within a range of $128K to $337K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWART - JONES UNIT NO.2 is a fraction of it. The estimate fits an Arps decline curve to the production STEWART - JONES UNIT NO.2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWART - JONES UNIT NO.2 is an estimate of value, not an offer and not an appraisal.
- How much income does STEWART - JONES UNIT NO.2 generate in a year?
- STEWART - JONES UNIT NO.2 is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEWART - JONES UNIT NO.2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Logas Energy, LLC |
|---|---|
| Field | T.-C.-B. (Upper Frio Cons.) |
| County | Jim Wells County, Texas |
| RRC district | 04 |
| Lease number | 14119 |
| Wellbores | 1 |
| Reported production | 11,140 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $232K |
Where STEWART - JONES UNIT NO.2 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.