STEWARD "E"
STEWARD "E" is a Texas oil lease in Freestone County, Railroad Commission district 05, operated by Bledsoe Petro Corporation. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 333,597 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 $97K, with roughly $19K 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 18 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was July 2018, at 536 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 STEWARD "E"
- Who operates STEWARD "E"?
- STEWARD "E" is operated by Bledsoe Petro Corporation, Railroad Commission of Texas operator number 075677.
- Where is STEWARD "E"?
- STEWARD "E" is a Texas oil lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 02703.
- Is STEWARD "E" still producing?
- STEWARD "E" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWARD "E" is August 2026.
- How much has STEWARD "E" produced?
- STEWARD "E" has reported 333,597 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is STEWARD "E" worth?
- The remaining production from STEWARD "E" is estimated to be worth about $97K in total as of 26 August 2026, within a range of $54K to $141K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWARD "E" is a fraction of it. The estimate fits an Arps decline curve to the production STEWARD "E" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWARD "E" is an estimate of value, not an offer and not an appraisal.
- How much income does STEWARD "E" generate in a year?
- STEWARD "E" is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEWARD "E" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bledsoe Petro Corporation |
|---|---|
| Field | Stewards Mill (Woodbine) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 02703 |
| Wellbores | 6 |
| Reported production | 333,597 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $97K |
Where STEWARD "E" 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.