STEWART, RUTH
STEWART, RUTH 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 August 2012 to August 2026, totalling 884,842 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 $345K, with roughly $70K 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 3,095 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,480 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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, RUTH
- Who operates STEWART, RUTH?
- STEWART, RUTH is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is STEWART, RUTH?
- STEWART, RUTH is a Texas gas lease in Nacogdoches County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 268177.
- Is STEWART, RUTH still producing?
- STEWART, RUTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWART, RUTH is August 2026.
- How much has STEWART, RUTH produced?
- STEWART, RUTH has reported 884,842 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is STEWART, RUTH worth?
- The remaining production from STEWART, RUTH is estimated to be worth about $345K in total as of 27 August 2026, within a range of $287K to $404K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWART, RUTH is a fraction of it. The estimate fits an Arps decline curve to the production STEWART, RUTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWART, RUTH is an estimate of value, not an offer and not an appraisal.
- How much income does STEWART, RUTH generate in a year?
- STEWART, RUTH is forecast to net about $70K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEWART, RUTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Black Bayou (Glen Rose) |
| County | Nacogdoches County, Texas |
| RRC district | 06 |
| Lease number | 268177 |
| Wellbores | 1 |
| Reported production | 884,842 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $345K |
Where STEWART, RUTH 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.