LEWIS-STUART E1 UNIT
LEWIS-STUART E1 UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by U.S. Energy Development Corp. It has 2 wellbores on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 20,443 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 $316K, with roughly $44K 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 15 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was May 2016, at 631 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 LEWIS-STUART E1 UNIT
- Who operates LEWIS-STUART E1 UNIT?
- LEWIS-STUART E1 UNIT is operated by U.S. Energy Development Corp, Railroad Commission of Texas operator number 875462.
- Where is LEWIS-STUART E1 UNIT?
- LEWIS-STUART E1 UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33557.
- Is LEWIS-STUART E1 UNIT still producing?
- LEWIS-STUART E1 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEWIS-STUART E1 UNIT is August 2026.
- How much has LEWIS-STUART E1 UNIT produced?
- LEWIS-STUART E1 UNIT has reported 20,443 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 2 wellbores.
- How much is LEWIS-STUART E1 UNIT worth?
- The remaining production from LEWIS-STUART E1 UNIT is estimated to be worth about $316K in total as of 27 August 2026, within a range of $174K to $459K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEWIS-STUART E1 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEWIS-STUART E1 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEWIS-STUART E1 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEWIS-STUART E1 UNIT generate in a year?
- LEWIS-STUART E1 UNIT is forecast to net about $44K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEWIS-STUART E1 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U.S. Energy Development Corp |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 33557 |
| Wellbores | 2 |
| Reported production | 20,443 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $316K |
Where LEWIS-STUART E1 UNIT 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.