STEWART, GRAHAM P. -B-
STEWART, GRAHAM P. -B- is a Texas oil lease in Young County, Railroad Commission district 09, operated by 3-T Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,861 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 $124K, with roughly $24K 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 27 barrels a month. Its strongest month on the record we hold was February 2018, at 70 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 STEWART, GRAHAM P. -B-
- Who operates STEWART, GRAHAM P. -B-?
- STEWART, GRAHAM P. -B- is operated by 3-T Exploration, Inc., Railroad Commission of Texas operator number 953682.
- Where is STEWART, GRAHAM P. -B-?
- STEWART, GRAHAM P. -B- is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 14398.
- Is STEWART, GRAHAM P. -B- still producing?
- STEWART, GRAHAM P. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEWART, GRAHAM P. -B- is August 2026.
- How much has STEWART, GRAHAM P. -B- produced?
- STEWART, GRAHAM P. -B- has reported 30,861 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STEWART, GRAHAM P. -B- worth?
- The remaining production from STEWART, GRAHAM P. -B- is estimated to be worth about $124K in total as of 27 August 2026, within a range of $68K to $180K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEWART, GRAHAM P. -B- is a fraction of it. The estimate fits an Arps decline curve to the production STEWART, GRAHAM P. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEWART, GRAHAM P. -B- is an estimate of value, not an offer and not an appraisal.
- How much income does STEWART, GRAHAM P. -B- generate in a year?
- STEWART, GRAHAM P. -B- is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEWART, GRAHAM P. -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 3-T Exploration, Inc. |
|---|---|
| Field | Garvey (Caddo 4345) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 14398 |
| Wellbores | 1 |
| Reported production | 30,861 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $124K |
Where STEWART, GRAHAM P. -B- 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.