STEWARD "B"
STEWARD "B" is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Gonzenbach Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 43,033 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 $67K, with roughly $10K 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 450 thousand cubic feet a month. Its strongest month on the record we hold was February 2021, at 526 thousand cubic feet. 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 STEWARD "B"
- Who operates STEWARD "B"?
- STEWARD "B" is operated by Gonzenbach Oil & Gas, LLC, Railroad Commission of Texas operator number 314165.
- Where is STEWARD "B"?
- STEWARD "B" is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 282829.
- Is STEWARD "B" still producing?
- STEWARD "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWARD "B" is August 2026.
- How much has STEWARD "B" produced?
- STEWARD "B" has reported 43,033 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is STEWARD "B" worth?
- The remaining production from STEWARD "B" is estimated to be worth about $67K in total as of 26 August 2026, within a range of $53K to $82K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWARD "B" is a fraction of it. The estimate fits an Arps decline curve to the production STEWARD "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWARD "B" is an estimate of value, not an offer and not an appraisal.
- How much income does STEWARD "B" generate in a year?
- STEWARD "B" is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEWARD "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gonzenbach Oil & Gas, LLC |
|---|---|
| Field | Gilley, W. (Atoka Congl.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 282829 |
| Wellbores | 1 |
| Reported production | 43,033 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $67K |
Where STEWARD "B" 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.