STEWART -A-
STEWART -A- is a Texas oil lease in Young County, Railroad Commission district 09, operated by Smith, Duane G. Engineering. It has 58 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 190,292 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 $667K, with roughly $151K 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 256 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was May 2016, at 700 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 STEWART -A-
- Who operates STEWART -A-?
- STEWART -A- is operated by Smith, Duane G. Engineering, Railroad Commission of Texas operator number 790648.
- Where is STEWART -A-?
- STEWART -A- is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 07617.
- Is STEWART -A- still producing?
- STEWART -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWART -A- is August 2026.
- How much has STEWART -A- produced?
- STEWART -A- has reported 190,292 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 58 wellbores.
- How much is STEWART -A- worth?
- The remaining production from STEWART -A- is estimated to be worth about $667K in total as of 26 August 2026, within a range of $520K to $814K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWART -A- is a fraction of it. The estimate fits an Arps decline curve to the production STEWART -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWART -A- is an estimate of value, not an offer and not an appraisal.
- How much income does STEWART -A- generate in a year?
- STEWART -A- is forecast to net about $151K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEWART -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith, Duane G. Engineering |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 07617 |
| Wellbores | 58 |
| Reported production | 190,292 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $667K |
Where STEWART -A- 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.