STONEGATE 1724
STONEGATE 1724 is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Boyd & Mcwilliams Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 96,033 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 $260K, with roughly $145K 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 308 barrels a month. Its strongest month on the record we hold was October 2019, at 5,983 barrels. 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 STONEGATE 1724
- Who operates STONEGATE 1724?
- STONEGATE 1724 is operated by Boyd & Mcwilliams Operating, LLC, Railroad Commission of Texas operator number 084751.
- Where is STONEGATE 1724?
- STONEGATE 1724 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54259.
- Is STONEGATE 1724 still producing?
- STONEGATE 1724 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STONEGATE 1724 is August 2026.
- How much has STONEGATE 1724 produced?
- STONEGATE 1724 has reported 96,033 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is STONEGATE 1724 worth?
- The remaining production from STONEGATE 1724 is estimated to be worth about $260K in total as of 26 August 2026, within a range of $203K to $317K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STONEGATE 1724 is a fraction of it. The estimate fits an Arps decline curve to the production STONEGATE 1724 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STONEGATE 1724 is an estimate of value, not an offer and not an appraisal.
- How much income does STONEGATE 1724 generate in a year?
- STONEGATE 1724 is forecast to net about $145K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STONEGATE 1724 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Boyd & Mcwilliams Operating, LLC |
|---|---|
| Field | Keystone (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 54259 |
| Wellbores | 1 |
| Reported production | 96,033 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $260K |
Where STONEGATE 1724 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.