RUTH STEWART

RUTH STEWART is a Texas gas lease in Nacogdoches County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 2,998,255 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 $2.0M, with roughly $304K 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 13,756 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 23,701 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 RUTH STEWART

Who operates RUTH STEWART?
RUTH STEWART is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
Where is RUTH STEWART?
RUTH STEWART is a Texas gas lease in Nacogdoches County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 265331.
Is RUTH STEWART still producing?
RUTH STEWART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUTH STEWART is August 2026.
How much has RUTH STEWART produced?
RUTH STEWART has reported 2,998,255 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
How much is RUTH STEWART worth?
The remaining production from RUTH STEWART is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUTH STEWART is a fraction of it. The estimate fits an Arps decline curve to the production RUTH STEWART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUTH STEWART is an estimate of value, not an offer and not an appraisal.
How much income does RUTH STEWART generate in a year?
RUTH STEWART is forecast to net about $304K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUTH STEWART receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RUTH STEWART as filed with the Railroad Commission of Texas
OperatorValence Operating Company
FieldMartinsville (Travis Peak)
CountyNacogdoches County, Texas
RRC district06
Lease number265331
Wellbores1
Reported production2,998,255 mcf
First reported
Last reported
Estimated royalty value$2.0M

Where RUTH STEWART 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.