Oil and gas leases in Stephens County

Stephens County, Texas has 2,725 oil and gas leases with production on file at the Railroad Commission. 1,097 of them are oil leases and 1,628 are gas leases. Between them they carry 5,377 wellbores. Reported volumes run from January 1993 to August 2026 and come to 81.9 million barrels of oil and 287.5 million Mcf of gas. 372 operators file returns here. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Stephens County

How many oil and gas leases are in Stephens County?: Stephens County has 2,725 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Stephens County produced?: Leases in Stephens County have reported 81,934,648 barrels of oil (bbl) and 287,501,863 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
Who are the biggest operators in Stephens County?: Delta Oil & Gas Ltd. operates 253 of the 2,725 producing leases in Stephens County, more than any other operator on record with the Railroad Commission of Texas.
How many operators are active in Stephens County?: 372 operators file production returns for leases in Stephens County.
How much are mineral rights in Stephens County worth?: There is no single figure: what a mineral or royalty interest in Stephens County is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 2,725 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Operators here

The company that runs the wells and issues the royalty cheque.

Delta Oil & Gas Ltd. — 253 leases
Delta Oil & Gas Company — 208 leases
Mcclymond, Ltd. — 144 leases
Mcclymond, Inc. — 103 leases
Petex — 67 leases
Breck Operating Corp. — 65 leases
Braka Operating, L.L.C. — 53 leases
Christie Oil Co., Inc — 49 leases
Marjac Oil Company, Inc. — 46 leases
Winn Exploration Co., Inc. — 45 leases
Oryx Energy Company — 44 leases
Mustang Oil & Gas Corporation — 41 leases
Russell, T. Operating Inc. — 37 leases
Brico Oil, Inc. — 34 leases
Southeastern Resources Corp. — 34 leases
Echols Oil Company — 33 leases
Herring, Ray — 30 leases
Ryder Scott Oil Company — 29 leases
Rainbow Seven Oil & Gas, Inc. — 27 leases
Ridge Oil Company — 26 leases
Wheat, Buck Resources, Inc. — 25 leases
Mehaffey Investments, Inc. — 22 leases
Rodessa Management, Inc. — 22 leases
Jones Company, Ltd. — 20 leases
Basa Resources, Inc. — 19 leases
Eastland Operating, L.L.C. — 18 leases
Killion Well Service Inc. — 18 leases
Keating Energy, Inc. — 16 leases
Richey, Ray Management Co., Inc. — 16 leases
Rob-Joe Gas & Oil Co. — 16 leases
Seely Oil Company — 16 leases
H-M Resource Management, Inc. — 15 leases
Tex-Ann Oil & Gas Services, Inc. — 15 leases
American Exploration Company — 14 leases
Fambrough, Tim D. — 13 leases
First American Operating Co. — 13 leases
Mitchell Energy Corporation — 13 leases
Enre Corp. — 12 leases
Jud-Mar Enterprises — 12 leases
Lobo Resources, Inc. — 12 leases
Pardue Oil — 12 leases
Cholla Petroleum, Inc. — 11 leases
Delaney Oil And Gas Company — 11 leases
Foag, Inc. — 11 leases
Hindman, E. C. JR. Partnership — 11 leases
Integrated Operating Corporation — 11 leases
Kokomo Energy, Inc. — 11 leases
Pendragon Oil Co. — 11 leases
Power, Scott — 11 leases
Sky Development Corporation — 11 leases
Squyres Oil Co. — 11 leases
Bloxom, John Tom — 10 leases
Caddo Creek Corporation — 10 leases
Ep Operating Limited Partnership — 10 leases
Goopco, Inc. — 10 leases
Hill, R.M. Operating Inc. — 10 leases
L.C.S. Production Company — 10 leases
Mccrea Exploration Company, Inc. — 10 leases
S.B. Street Operating, Inc. — 10 leases
Three P Operating Company — 10 leases

Railroad Commission districts

District 7B — 2,715 leases
District 09 — 10 leases

Leases — page 1 of 14

CURRY UNIT — oil, Oryx Energy Company, Stephens County, 9.4 million reported
SOUTHEAST BRECKENRIDGE UNIT — oil, Oryx Energy Company, Stephens County, 8.8 million reported
CALDWELL-BRECKENRIDGE UNIT — oil, Oryx Energy Company, Stephens County, 5.5 million reported
ELIASVILLE (CADDO) UNIT — oil, Oryx Energy Company, Stephens County, 5.2 million reported
WARD, J. M. -C- — oil, Oryx Energy Company, Stephens County, 3.8 million reported
COUNTY LINE "A" — gas, Breck Operating Corp., Stephens County, 2.8 million reported
EAST ELIASVILLE (CADDO) UNIT — oil, Oryx Energy Company, Stephens County, 2.5 million reported
BLACK CADDO UNIT — oil, Statex Petroleum Inc., Stephens County, 2.3 million reported
LANGFORD, G. R. — gas, Necessity Well Service, Stephens County, 2.3 million reported
STEVENSON-JONES UNIT — oil, Parker & Parsley Development Co., Stephens County, 2.2 million reported
LINK "68" — gas, Marjac Oil Company, Inc., Stephens County, 2.1 million reported
ATKINS, A. A. — oil, Statex Petroleum Inc., Stephens County, 2.0 million reported
DAVIS, R. 'A' — gas, Wheat, Buck Resources, Inc., Stephens County, 2.0 million reported
LINK "J" — gas, Delta Oil & Gas Company, Stephens County, 2.0 million reported
BLACK-STOKER /CADDO/ UNIT — oil, Oryx Energy Company, Stephens County, 1.8 million reported
BUIE "1312" UNIT — gas, Mcclymond, Ltd., Stephens County, 1.7 million reported
KENNEDY, G. F. — oil, Stephens & Johnson Operating Co., Stephens County, 1.7 million reported
BENTLEY "2952" — gas, Mcclymond, Inc., Stephens County, 1.7 million reported
BROWN-MORRIS — gas, Mcclymond, Inc., Stephens County, 1.7 million reported
KENNEDY "1031" UNIT — gas, Mcclymond, Ltd., Stephens County, 1.7 million reported
ROBERSON J. — gas, Mcclymond, Inc., Stephens County, 1.6 million reported
BROWN — gas, Sky Development Corporation, Stephens County, 1.5 million reported
ATKINS, A. A., -A- — oil, Statex Petroleum Inc., Stephens County, 1.4 million reported
SATTERWHITE, B. F. — gas, Keating Energy, Inc., Stephens County, 1.3 million reported
LILLIE BELLE THOMPSON — gas, Enre Corp., Stephens County, 1.3 million reported
BROWN, R.J. — gas, Bristol Resources Corporation, Stephens County, 1.3 million reported
PARKS,J.W. "A" — gas, Mustang Oil & Gas Corporation, Stephens County, 1.3 million reported
LONG, J. B. — gas, Bilmac Oil Co., Inc., Stephens County, 1.3 million reported
WARD, J. M. "1240" — gas, Basa Resources, Inc., Stephens County, 1.3 million reported
CARLISLE, JAMES — oil, Oryx Energy Company, Stephens County, 1.3 million reported
MM TERRY RANCH, LTD. — gas, American Exploration Company, Stephens County, 1.2 million reported
LINK -1- — gas, Marjac Oil Company, Inc., Stephens County, 1.2 million reported
MISS SARAH — gas, Mcclymond, Inc., Stephens County, 1.2 million reported
BLACK BROS. — gas, Layline Petroleum I, LLC, Stephens County, 1.2 million reported
THOMAS, R. O. "A" — gas, Russell, T. Operating Inc., Stephens County, 1.2 million reported
PARKS, J. W. 'A' — gas, Mustang Oil & Gas Corporation, Stephens County, 1.2 million reported
EVANS — gas, Southeastern Resources Corp., Stephens County, 1.2 million reported
SWENSON, CLARA J. & ALMA B. — gas, Lytle Creek Operating, Inc., Stephens County, 1.2 million reported
BABER-ACKERS /CADDO/ UNIT — oil, Oryx Energy Company, Stephens County, 1.1 million reported
WARD, J. M. -B- — oil, Oryx Energy Company, Stephens County, 1.1 million reported
BUCKLER-TRUST — gas, Mitchell Energy Corporation, Stephens County, 1.1 million reported
FROST HEIRS — gas, Mcclymond, Inc., Stephens County, 1.1 million reported
COUNTY LINE 22 — gas, Winn Exploration Co., Inc., Stephens County, 1.0 million reported
LINK "K" — gas, Delta Oil & Gas Company, Stephens County, 1.0 million reported
BLOXOM — gas, Russell, T. Operating Inc., Stephens County, 1.0 million reported
FAMBRO — gas, Russell, T. Operating Inc., Stephens County, 984 thousand reported
RICKELS "1074" — gas, Mcclymond, Inc., Stephens County, 980 thousand reported
HARRIS, ROY L. — gas, Parks, Rhone Inc., Stephens County, 927 thousand reported
CRUDGINGTON — gas, Seely Oil Company, Stephens County, 924 thousand reported
ALLAR "1034" — gas, Mcclymond, Inc., Stephens County, 922 thousand reported
BOWMAN, DANIEL — gas, Jones Company, Ltd., Stephens County, 921 thousand reported
KNIGHT — gas, Mcclymond, Inc., Stephens County, 916 thousand reported
THOMAS — gas, Cherokee Production Corp., Stephens County, 904 thousand reported
MUELLER UNIT — gas, Mcclymond, Inc., Stephens County, 902 thousand reported
TODD — gas, Sky Development Corporation, Stephens County, 901 thousand reported
CALLAWAY — gas, Southeastern Resources Corp., Stephens County, 897 thousand reported
MOON RANCH "G" — gas, Delta Oil & Gas Company, Stephens County, 895 thousand reported
GHOLSON — gas, Brico Oil, Inc., Stephens County, 892 thousand reported
COPELAND RANCH "C" — gas, Braka Operating, L.L.C., Stephens County, 882 thousand reported
COUNTY LINE 22 — gas, Winn Exploration Co., Inc., Stephens County, 881 thousand reported
BROWN-CORBETT "1071" — gas, Mcclymond, Ltd., Stephens County, 871 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 870 thousand reported
DOFFLEMYER — gas, Hawkins, G. A., Stephens County, 863 thousand reported
COMPTON, RUBYE "A" — gas, Breck Operating Corp., Stephens County, 844 thousand reported
WALKER, ALICE, -A- — gas, Mcclymond, Inc., Stephens County, 838 thousand reported
WRIGHT "A" — gas, Delta Oil & Gas Ltd., Stephens County, 832 thousand reported
BLACK BROTHERS -A- — gas, Mccurdy Oil Co., Stephens County, 831 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 829 thousand reported
DOOLEY, C. — gas, Kramer, Frank C., Stephens County, 822 thousand reported
FAMBRO — gas, Russell, T. Operating Inc., Stephens County, 817 thousand reported
CALDWELL — gas, Braka Operating, L.L.C., Stephens County, 806 thousand reported
VEALE, A. S. — oil, Sheets Exploration Co., Inc., Stephens County, 789 thousand reported
MARTIN "3400" — gas, Mcclymond, Ltd., Stephens County, 784 thousand reported
KENTUCKY HOME — gas, Tiara Resources, Inc., Stephens County, 781 thousand reported
HARRIS, MAGGIE ET AL — gas, Keating Energy, Inc., Stephens County, 778 thousand reported
VEALE,A.S. "C" — gas, American Exploration Company, Stephens County, 774 thousand reported
HARRIS, ROY L. — gas, Necessity Well Service, Stephens County, 769 thousand reported
ATKINS-TEXACO — oil, Statex Petroleum Inc., Stephens County, 767 thousand reported
LINK NW-52 — gas, Delta Oil & Gas Company, Stephens County, 764 thousand reported
BUCKLER, J. TRUST — gas, Stratagas, Inc., Stephens County, 762 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 752 thousand reported
BUCKLER TRUST GAS UNIT 2 — gas, Mitchell Energy Corporation, Stephens County, 746 thousand reported
ECHOLS, BILL — gas, Echols Oil Company, Stephens County, 735 thousand reported
EMFINGER, B. — gas, Lowrance Inc., Stephens County, 734 thousand reported
BLACK, JOHN — oil, Snyder Oil Corporation, Stephens County, 733 thousand reported
HOUSTON — gas, Mcclymond, Inc., Stephens County, 732 thousand reported
ACKERS, W. H. -A- — oil, Oryx Energy Company, Stephens County, 730 thousand reported
WALKER-HALLWOOD "B" — gas, Russell, T. Operating Inc., Stephens County, 730 thousand reported
THOMPSON C — gas, Marjac Oil Company, Inc., Stephens County, 728 thousand reported
SLOAN, MARTIN UNIT — oil, Parker & Parsley Development Co., Stephens County, 726 thousand reported
JOHNSON, FANNIE T. — gas, Kerr-Mcgee Oil & Gas Onshore LLC, Stephens County, 722 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 716 thousand reported
COUNTY LINE 21 — gas, Winn Exploration Co., Inc., Stephens County, 711 thousand reported
WALKER-BUCKLER — gas, Hindman, E. C. JR. Partnership, Stephens County, 708 thousand reported
TAYLOR, G. W. — gas, Mcclymond, Inc., Stephens County, 701 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 696 thousand reported
LINK RANCH "55" — gas, Kokomo Energy, Inc., Stephens County, 690 thousand reported
BLOXOM-HEAD UNIT — gas, Bloxom, John Tom, Stephens County, 690 thousand reported
GILMORE-OWEN UNIT — gas, Kerr-Mcgee Oil & Gas Onshore LLC, Stephens County, 688 thousand reported
DOOLEY, H.H. #6 — gas, Ole Chaparral On Possum Kingdom, Stephens County, 685 thousand reported
RUBY — gas, KC Resources, Inc., Stephens County, 682 thousand reported
JACKSON — gas, Hill, Charles Drilling, Inc., Stephens County, 682 thousand reported
RUBY — gas, KC Resources, Inc., Stephens County, 680 thousand reported
SOUTHEAST WARD UNIT — oil, Oryx Energy Company, Stephens County, 677 thousand reported
DOLLAR — gas, Zinke & Trumbo, Inc., Stephens County, 665 thousand reported
LORD, JESSIE — gas, Fredonia Resources Inc., Stephens County, 663 thousand reported
HOLMAN — gas, Mcclymond, Inc., Stephens County, 662 thousand reported
COMPTON -34- — gas, Breck Operating Corp., Stephens County, 661 thousand reported
WALKER — gas, Wes-Mor Drilling, Inc., Stephens County, 656 thousand reported
ECHOLS, C. M. — gas, Echols Oil Company, Stephens County, 649 thousand reported
ED FORD GAS UNIT NO 2 AB — gas, Enrich Oil Corporation, Stephens County, 647 thousand reported
JACKSON RANCH "B" — gas, Delta Oil & Gas Ltd., Stephens County, 643 thousand reported
BROWN, J.F. — gas, Oryx Energy Company, Stephens County, 643 thousand reported
MUNNERLYN — gas, Mustang Oil & Gas Corporation, Stephens County, 641 thousand reported
BRADSHAW HEIRS — gas, Keating Energy, Inc., Stephens County, 640 thousand reported
ROGERS, R.M. ESTATE — gas, Delta Oil & Gas Company, Stephens County, 639 thousand reported
REMINGTON HEIRS — gas, Delta Oil & Gas Company, Stephens County, 638 thousand reported
STAPP RANCH UNIT — gas, Mcclymond, Inc., Stephens County, 637 thousand reported
PENDLETON "A" — gas, Brico Oil, Inc., Stephens County, 635 thousand reported
KENNEDY — gas, Mckee, Kenneth W. Oil Co., Stephens County, 626 thousand reported
BREITENBACH — gas, Echols Oil Company, Stephens County, 621 thousand reported
SWENSON "55" — gas, Mcclymond, Ltd., Stephens County, 616 thousand reported
E.C. THOMPSON GU 1 — gas, Mitchell Energy Corporation, Stephens County, 616 thousand reported
DUGGAN-HARRELL UNIT — gas, Mcclymond, Inc., Stephens County, 612 thousand reported
BRADFORD — gas, Braka Operating, L.L.C., Stephens County, 608 thousand reported
ILES, G.H. "A" — gas, Delta Oil & Gas Ltd., Stephens County, 606 thousand reported
HARRIS-LANGFORD — gas, Mustang Oil & Gas Corporation, Stephens County, 603 thousand reported
SIKES-RANDALL — gas, Russell, T. Operating Inc., Stephens County, 603 thousand reported
CRETSINGER — gas, Mcclymond, Ltd., Stephens County, 602 thousand reported
THOMPSON-GREENLEE UNIT — gas, Russell, T. Operating Inc., Stephens County, 598 thousand reported
BLACK 23 — gas, Marjac Oil Company, Inc., Stephens County, 596 thousand reported
COUNTY LINE 22 — gas, Winn Exploration Co., Inc., Stephens County, 596 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 596 thousand reported
ILES, G. H. "B" — gas, Delta Oil & Gas Company, Stephens County, 591 thousand reported
LINK RANCH 56 — gas, Kokomo Energy, Inc., Stephens County, 590 thousand reported
FOSTER — gas, KC Resources, Inc., Stephens County, 589 thousand reported
DOOLEY, C. — gas, Kramer, Frank C., Stephens County, 585 thousand reported
DAVIS — gas, Wheat, Buck Resources, Inc., Stephens County, 583 thousand reported
SOUTH KENNEDY — gas, Caddo Creek Corporation, Stephens County, 573 thousand reported
ILES, G. H. "B" — gas, Delta Oil & Gas Ltd., Stephens County, 570 thousand reported
DOLLAR "1077" — gas, Mcclymond, Inc., Stephens County, 568 thousand reported
FAMBRO E — gas, Ryder Scott Oil Company, Stephens County, 567 thousand reported
RILEY — gas, Mcclymond, Inc., Stephens County, 564 thousand reported
DAVIS, ROBBIE "1046" — gas, Mcclymond, Ltd., Stephens County, 563 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 562 thousand reported
GRAHAM "1034" — gas, Mcclymond, Ltd., Stephens County, 559 thousand reported
DICKIE UNIT — oil, Parker & Parsley Development Co., Stephens County, 558 thousand reported
PARKS UNIT — gas, Mcclymond, Inc., Stephens County, 555 thousand reported
DEAN — gas, KC Resources, Inc., Stephens County, 555 thousand reported
MCCLENNY UNIT — gas, Mcclymond, Ltd., Stephens County, 552 thousand reported
JACKSON RANCH "D" — gas, Delta Oil & Gas Ltd., Stephens County, 547 thousand reported
CALDWELL-ROGERS — gas, Delta Oil & Gas Company, Stephens County, 546 thousand reported
WALKER, ALICE B — gas, Wheat, Buck Resources, Inc., Stephens County, 546 thousand reported
BLOXOM, TOM — gas, Bloxom, John Tom, Stephens County, 541 thousand reported
KENNEDY "A" — gas, Delta Oil & Gas Ltd., Stephens County, 540 thousand reported
FAMBRO, SAM UNIT — gas, Mcclymond, Ltd., Stephens County, 535 thousand reported
TIPTON, R. W. — gas, Rominger, R.L., Stephens County, 534 thousand reported
CORBETT — gas, Jones Company, Ltd., Stephens County, 534 thousand reported
ALICE "2257" — gas, Mcclymond, Inc., Stephens County, 529 thousand reported
FAY — gas, Killion Well Service Inc., Stephens County, 528 thousand reported
CALDWELL — gas, Braka Operating, L.L.C., Stephens County, 527 thousand reported
SHALOR COPELAND — gas, Neeley, June, Stephens County, 522 thousand reported
COUNTY LINE 22 — gas, Winn Exploration Co., Inc., Stephens County, 520 thousand reported
THOMPSON 40 — gas, Marjac Oil Company, Inc., Stephens County, 515 thousand reported
PARKS, J. W. -A- — oil, Mustang Oil & Gas Corporation, Stephens County, 514 thousand reported
MT 7 RANCH — gas, Mcclymond, Inc., Stephens County, 511 thousand reported
HART RANCH — gas, Wes-Mor Drilling, Inc., Stephens County, 508 thousand reported
WRIGHT, JOHN — gas, Russell, T. Operating Inc., Stephens County, 508 thousand reported
WRIGHT 'A' — gas, Delta Oil & Gas Ltd., Stephens County, 507 thousand reported
MILAM, E. B. — gas, Mcclymond, Inc., Stephens County, 506 thousand reported
COUNTY LINE 21 — gas, Winn Exploration Co., Inc., Stephens County, 504 thousand reported
BLACK, HAROLD — gas, Mcclymond, Inc., Stephens County, 502 thousand reported
COUNTY LINE 22 — gas, Winn Exploration Co., Inc., Stephens County, 501 thousand reported
CURRY, O. -B- — oil, Breck Operating Corp., Stephens County, 498 thousand reported
CFC UNIT — gas, Three P Operating Company, Stephens County, 495 thousand reported
HUGHES — gas, Sky Development Corporation, Stephens County, 494 thousand reported
AKIN-WRIGHT — gas, Brico Oil, Inc., Stephens County, 493 thousand reported
COUNTY LINE 22 — gas, Winn Exploration Co., Inc., Stephens County, 487 thousand reported
COPELAND-MITCHELL — gas, Delta Oil & Gas Company, Stephens County, 487 thousand reported
SCOTT,JOE — gas, LVS Oil & Gas, Stephens County, 473 thousand reported
COODY-44-A — gas, Tracer Operating, Inc., Stephens County, 473 thousand reported
ROSENQUEST, N. N. — oil, Oryx Energy Company, Stephens County, 471 thousand reported
MAC — gas, Sky Development Corporation, Stephens County, 471 thousand reported
LINK '24' — gas, Marjac Oil Company, Inc., Stephens County, 470 thousand reported
COOK-THOMPSON UNIT — oil, Oryx Energy Company, Stephens County, 467 thousand reported
FAMBROUGH, W. — gas, Mcclymond, Ltd., Stephens County, 466 thousand reported
MCCREA HEIRS "A" — gas, Mccrea Exploration Company, Inc., Stephens County, 466 thousand reported
WHITE "29" UNIT — gas, Mcclymond, Ltd., Stephens County, 466 thousand reported
HILL-WELDON "383" — gas, Hill, R.M. Operating Inc., Stephens County, 463 thousand reported
ALLAR — gas, Delta Oil & Gas Ltd., Stephens County, 462 thousand reported
WHITTENBURG J — gas, S.B. Street Operating, Inc., Stephens County, 460 thousand reported
MORELAND — gas, Mcclymond, Ltd., Stephens County, 456 thousand reported
LINK "68" — gas, Marjac Oil Company, Inc., Stephens County, 455 thousand reported
CORBETT RANCH — gas, Delta Oil & Gas Ltd., Stephens County, 453 thousand reported
BLACKBURN, W. R. "30" UNIT — gas, Mcclymond, Ltd., Stephens County, 452 thousand reported
WARD, E.C. — oil, Mcclymond, Inc., Stephens County, 450 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 444 thousand reported
LANGFORD "A" — gas, Necessity Well Service, Inc., Stephens County, 444 thousand reported
ANJEVAN UNIT — gas, Bloxom, John Tom, Stephens County, 443 thousand reported
COUNTY LINE 12 — gas, Winn Exploration Co., Inc., Stephens County, 439 thousand reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.