Oil and gas leases in Stephens County — page 3

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.
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.

Leases — page 3 of 14

ECHOLS, BILL — gas, Echols Oil Company, Stephens County, 243 thousand reported
JACKSON "89" — gas, Braka Operating, L.L.C., Stephens County, 243 thousand reported
GRAGG, W. K. — gas, Hill, R.M. Operating Inc., Stephens County, 242 thousand reported
LINK RANCH "65" — gas, Kokomo Energy, Inc., Stephens County, 241 thousand reported
VEALE PARKS "1405" — gas, Southlake Exploration, Inc., Stephens County, 241 thousand reported
RANCH, P. K. — gas, Jones Company, Ltd., Stephens County, 240 thousand reported
BURGESS "1100" — gas, Mcclymond, Ltd., Stephens County, 240 thousand reported
CHERYL "51" — gas, Marjac Oil Company, Inc., Stephens County, 240 thousand reported
HAYMORE FRANCES -A- — gas, Neeley, June, Stephens County, 239 thousand reported
GOFORTH, W.H. — gas, Fredonia Resources Inc., Stephens County, 239 thousand reported
COUNTY LINE 21 — gas, Winn Exploration Co., Inc., Stephens County, 238 thousand reported
KENNEDY — gas, Zinke & Trumbo, Inc., Stephens County, 238 thousand reported
LINK RANCH "E" — gas, Delta Oil & Gas Company, Stephens County, 237 thousand reported
THOMPSON '40' — gas, Marjac Oil Company, Inc., Stephens County, 236 thousand reported
COUNTY LINE 21 — gas, Winn Exploration Co., Inc., Stephens County, 235 thousand reported
CHESLEY, J. E. — gas, Herod, Bill, Stephens County, 234 thousand reported
LANGFORD ET AL "B" — gas, Brown-Wiley Producing, Stephens County, 232 thousand reported
DUGGAN-HARRELL (CONGL) UNIT — gas, Mcclymond, Ltd., Stephens County, 230 thousand reported
TULLOS, W. H. — gas, Breck Operating Corp., Stephens County, 229 thousand reported
O'CONNOR — gas, Southeastern Resources Corp., Stephens County, 228 thousand reported
GENTRY "23" — gas, Mcclymond, Ltd., Stephens County, 227 thousand reported
WEST BLACK CADDO UNIT — oil, Statex Petroleum Inc., Stephens County, 227 thousand reported
HEAD "58" — gas, Mcclymond, Ltd., Stephens County, 226 thousand reported
STRIEGLER — gas, Mcclymond, Ltd., Stephens County, 226 thousand reported
CORBETT RANCH — gas, Delta Oil & Gas Ltd., Stephens County, 226 thousand reported
CRUDGINGTON — gas, Seely Oil Company, Stephens County, 226 thousand reported
COUNTY LINE 12 — gas, Winn Exploration Co., Inc., Stephens County, 226 thousand reported
JACKSON RANCH "B" — gas, Delta Oil & Gas Ltd., Stephens County, 226 thousand reported
COPELAND-MITCHELL "F" — gas, Delta Oil & Gas Ltd., Stephens County, 225 thousand reported
TAYLOR, R. S. — gas, Keating Energy, Inc., Stephens County, 225 thousand reported
WRIGHT 'C' — gas, Delta Oil & Gas Ltd., Stephens County, 224 thousand reported
FAMBROUGH CARL — gas, Fambrough, Tim D., Stephens County, 224 thousand reported
DRAKE-JONES CADDO UNIT — oil, Statex Petroleum Inc., Stephens County, 223 thousand reported
MCBAY — gas, Mustang Oil & Gas Corporation, Stephens County, 223 thousand reported
MCCRACKEN — gas, Petex, Stephens County, 222 thousand reported
MOON RANCH "C" — gas, Delta Oil & Gas Company, Stephens County, 222 thousand reported
SOUTH KENNEDY — gas, Mcclymond, Ltd., Stephens County, 222 thousand reported
BISD - FURR UNIT — oil, B-Tech. Pet., Inc., Stephens County, 222 thousand reported
LINK RANCH 'U' — gas, Delta Oil & Gas Ltd., Stephens County, 222 thousand reported
SWENSON "55" — gas, Mcclymond, Ltd., Stephens County, 221 thousand reported
TOMLIN "2036" UNIT — gas, Mcclymond, Ltd., Stephens County, 221 thousand reported
HARRIS, ROY L. — gas, Parks, Rhone Inc., Stephens County, 221 thousand reported
WILSON "G" — gas, H-M Resource Management, Inc., Stephens County, 221 thousand reported
STRIEGLER — gas, Mcclymond, Ltd., Stephens County, 220 thousand reported
KNIGHT — gas, Mcclymond, Ltd., Stephens County, 220 thousand reported
CALDWELL-ROGERS — gas, Delta Oil & Gas Company, Stephens County, 220 thousand reported
VICK "56" — gas, Mcclymond, Ltd., Stephens County, 217 thousand reported
BUCKLER TRUST — gas, Mitchell Energy Corporation, Stephens County, 217 thousand reported
J5 RANCH "E" — gas, Delta Oil & Gas Ltd., Stephens County, 217 thousand reported
ILES, G. H. "B" — gas, Delta Oil & Gas Ltd., Stephens County, 216 thousand reported
MOON RANCH "B" — gas, Delta Oil & Gas Company, Stephens County, 216 thousand reported
BROOKS — gas, Spartan Oil Corporation, Stephens County, 216 thousand reported
CRUDGINGTON "13" — gas, Mcclymond, Ltd., Stephens County, 215 thousand reported
WHALEN-WILSON — gas, Keating Energy, Inc., Stephens County, 215 thousand reported
MT 7 RANCH — gas, Mcclymond, Inc., Stephens County, 214 thousand reported
VEALE, A.S. "C" — gas, American Exploration Company, Stephens County, 213 thousand reported
LEVERIDGE, M.R. — gas, Russell, T. Operating Inc., Stephens County, 213 thousand reported
MCDONALD, J.T. — gas, Mayo, Eddie, Stephens County, 212 thousand reported
WILLARDS WISH — gas, Leonard Brothers Operating Co., Stephens County, 211 thousand reported
COPELAND RANCH "A" — gas, Braka Operating, L.L.C., Stephens County, 211 thousand reported
TOLAND — gas, Ledbetter, Jerald D. Oil Company, Stephens County, 210 thousand reported
KELLY R. J. ESTATE — gas, Delta Oil & Gas Company, Stephens County, 210 thousand reported
JACKSON RANCH "F" — gas, Delta Oil & Gas Ltd., Stephens County, 210 thousand reported
ELLIOTT-WILD GAS UNIT — gas, Breck Operating Corp., Stephens County, 210 thousand reported
BILL ECHOLS -C- — gas, Echols Oil Company, Stephens County, 209 thousand reported
HART RANCH 23 — gas, Kokomo Energy, Inc., Stephens County, 209 thousand reported
EPPEY JENNINGS — gas, Vinson Operating Company, Stephens County, 207 thousand reported
GUINN '2265' UNIT — gas, Petex, Stephens County, 207 thousand reported
BLACK "2060" — gas, Seely Oil Company, Stephens County, 207 thousand reported
EVERETT — gas, Delta Oil & Gas Ltd., Stephens County, 207 thousand reported
MCDANIEL "1054" — gas, Petex, Stephens County, 207 thousand reported
TERRELL, J.C. -B- — gas, Herod Investments, Inc., Stephens County, 207 thousand reported
CORBETT RANCH "D" — gas, Delta Oil & Gas Ltd., Stephens County, 207 thousand reported
CORBETT RANCH — gas, Delta Oil & Gas Ltd., Stephens County, 207 thousand reported
HENRY, S. M. — gas, Lone Star Gas Co., Stephens County, 207 thousand reported
CURRY "2023" — gas, Mcclymond, Ltd., Stephens County, 206 thousand reported
CLARK, LESTER — gas, Tex-Ann Oil & Gas Services, Inc., Stephens County, 205 thousand reported
ELLIOTT, R. "E" — gas, Southeastern Resources Corp., Stephens County, 205 thousand reported
ROBERTSON-ALLAR — gas, Ballou Enterprises, Inc., Stephens County, 205 thousand reported
COPELAND-MITCHELL "D" — gas, Delta Oil & Gas Ltd., Stephens County, 204 thousand reported
CORBETT RANCH "D" — gas, Delta Oil & Gas Ltd., Stephens County, 204 thousand reported
GRAY, JOHN ESTATE — gas, Delta Oil & Gas Company, Stephens County, 204 thousand reported
VICK, FLOYD RAY — gas, Petex, Stephens County, 203 thousand reported
FAMBRO "38" — gas, Mcclymond, Ltd., Stephens County, 203 thousand reported
FORD, ED "A" — gas, Petex, Stephens County, 203 thousand reported
BUFFALO BAYOU — oil, Brazos River Exploration LLC, Stephens County, 203 thousand reported
HERRINGTON "A" — gas, Stephenson Oil & Gas, Inc., Stephens County, 202 thousand reported
COZART "2259" — gas, Petex, Stephens County, 202 thousand reported
CORBETT RANCH — gas, Delta Oil & Gas Ltd., Stephens County, 202 thousand reported
LINK "SW55" — gas, Marjac Oil Company, Inc., Stephens County, 202 thousand reported
CORBETT RANCH — gas, Delta Oil & Gas Ltd., Stephens County, 202 thousand reported
COPELAND RANCH "A" — gas, Braka Operating, L.L.C., Stephens County, 200 thousand reported
ECHOLS -C- — gas, Echols Oil Company, Stephens County, 200 thousand reported
WALKER, ALICE "A" — gas, Mcclymond, Ltd., Stephens County, 200 thousand reported
BOX "2021" — gas, Mcclymond, Ltd., Stephens County, 199 thousand reported
STEWART — gas, Richey, Ray Management Co., Inc., Stephens County, 199 thousand reported
HEAD '15' — gas, Killion Well Service Inc., Stephens County, 199 thousand reported
CORBETT RANCH — gas, Delta Oil & Gas Ltd., Stephens County, 198 thousand reported
COOPER, O.R. — gas, New Horizon Exploration, Inc., Stephens County, 198 thousand reported
DUNCAN "36" UNIT — gas, Mcclymond, Ltd., Stephens County, 197 thousand reported
FAMBRO "37" — gas, Mcclymond, Ltd., Stephens County, 197 thousand reported
COUNTY LINE 21 — gas, Winn Exploration Co., Inc., Stephens County, 195 thousand reported
CALLOWAY, I. A. — gas, Pardue Oil, Inc., Stephens County, 195 thousand reported
HUNTER, L. — gas, Centurion Operating Corporation, Stephens County, 194 thousand reported
WILSON — gas, Mcclymond, Inc., Stephens County, 194 thousand reported
WALKER, ALICE — gas, New Era International, Stephens County, 194 thousand reported
WINSTON,MARIE — gas, Herod, Bill, Stephens County, 194 thousand reported
TOLAND — gas, Ledbetter, Jerald D. Oil Company, Stephens County, 193 thousand reported
KNIGHT, BOBBY — gas, Mcclymond, Ltd., Stephens County, 193 thousand reported
CORBETT RANCH "C" — gas, Delta Oil & Gas Ltd., Stephens County, 193 thousand reported
COOPER, O. R. "A" — gas, Russell, T. Operating Inc., Stephens County, 192 thousand reported
SPRAGIN — gas, Delta Oil & Gas Ltd., Stephens County, 192 thousand reported
LINK NW-52 — gas, Delta Oil & Gas Ltd., Stephens County, 192 thousand reported
LOUDDER, GERALD — gas, Mcclymond, Ltd., Stephens County, 191 thousand reported
WALKER "B" — gas, Hindman, E. C. JR. Partnership, Stephens County, 190 thousand reported
COUNTY LINE 11 — gas, Winn Exploration Co., Inc., Stephens County, 190 thousand reported
SWENSON "1" — gas, Mcclymond, Ltd., Stephens County, 190 thousand reported
VEALE-PARKS (CADDO) UNIT — oil, Eland Energy, Inc., Stephens County, 190 thousand reported
BLACK RANCH — gas, Russell Brothers Oil & Gas, Stephens County, 189 thousand reported
PONDEROSA — gas, Russell, T. Operating Inc., Stephens County, 189 thousand reported
LINK NE-53 — gas, Delta Oil & Gas Ltd., Stephens County, 189 thousand reported
DOOLEY, H H #10 — gas, Ole Chaparral On Possum Kingdom, Stephens County, 188 thousand reported
COPELAND RANCH "A" — gas, Braka Operating, L.L.C., Stephens County, 187 thousand reported
MM TERRY RANCH LTD — gas, Itx Corporation, Stephens County, 187 thousand reported
BELL "14" — gas, Mcclymond, Inc., Stephens County, 187 thousand reported
LORD, JESSIE — gas, Foag, Inc., Stephens County, 186 thousand reported
SATTERWHITE — gas, Mustang Oil & Gas Corporation, Stephens County, 185 thousand reported
VICK "56" — gas, Mcclymond, Ltd., Stephens County, 185 thousand reported
BROWN — oil, CTC Oil Co., Inc., Stephens County, 185 thousand reported
CURRY "2023" — gas, Mcclymond, Ltd., Stephens County, 184 thousand reported
ROBBINS, WAYNE "A" — gas, Delta Oil & Gas Ltd., Stephens County, 184 thousand reported
BALLARD-SMITH — gas, Ballard, Orville M., Stephens County, 184 thousand reported
DENNEY — gas, Southlake Exploration, Inc., Stephens County, 183 thousand reported
EDDLEMAN — gas, Rainbow Seven Oil & Gas, Inc., Stephens County, 183 thousand reported
LEDBETTER 'SOUTH' — gas, Braka Operating, L.L.C., Stephens County, 182 thousand reported
WILSON, H. "E" — gas, Mcclymond, Ltd., Stephens County, 182 thousand reported
LINK "U" — gas, Delta Oil & Gas Ltd., Stephens County, 181 thousand reported
HUNTER, L. — gas, Centurion Operating Corporation, Stephens County, 181 thousand reported
MUNNERLYN — gas, Mustang Oil & Gas Corporation, Stephens County, 181 thousand reported
CURRY HEIRS "2" — gas, Mcclymond, Ltd., Stephens County, 180 thousand reported
COPELAND RANCH "A" — gas, Braka Operating, L.L.C., Stephens County, 179 thousand reported
ROGERS HEIRS "2024" UNIT — gas, Mcclymond, Ltd., Stephens County, 178 thousand reported
KEITH — gas, Herring, Ray, Stephens County, 178 thousand reported
COOPER O. R. — gas, New Horizon Exploration, Inc., Stephens County, 177 thousand reported
NALL,P. — gas, Greenhaw, Morris R., Stephens County, 177 thousand reported
NALL, P. — gas, So Operating Company, Stephens County, 177 thousand reported
BLOXOM-HEAD UNIT — gas, Braka Operating, L.L.C., Stephens County, 177 thousand reported
ROGERS, R. M. ESTATE "H" — gas, Delta Oil & Gas Ltd., Stephens County, 177 thousand reported
EMFINGER, B. "A" — gas, Rodessa Management, Inc., Stephens County, 177 thousand reported
COPELAND, SHALOR — gas, Delta Oil & Gas Company, Stephens County, 176 thousand reported
MCKELVAIN — gas, Quail Well Service, Inc., Stephens County, 176 thousand reported
KIGHT,JUDITH WINSTON "C" — gas, Delta Oil & Gas Company, Stephens County, 176 thousand reported
WALKER, ALICE ESTATE — gas, Mcclymond, Ltd., Stephens County, 176 thousand reported
MORELAND "A" — gas, Petex, Stephens County, 176 thousand reported
THOMPSON 40 — gas, Marjac Oil Company, Inc., Stephens County, 175 thousand reported
BRANHAM BROS. — gas, Quail Well Service, Inc., Stephens County, 174 thousand reported
RANCH, P. K. — gas, Jones Company, Ltd., Stephens County, 174 thousand reported
RODGERS — gas, Mustang Oil & Gas Corporation, Stephens County, 173 thousand reported
RANCH, P. K. — gas, Van Operating, Ltd., Stephens County, 172 thousand reported
HERRING, C. H. — gas, Southlake Exploration, Inc., Stephens County, 172 thousand reported
CORBETT RANCH "A" — gas, Delta Oil & Gas Ltd., Stephens County, 172 thousand reported
CORBETT, ROY — gas, Jones Company, Ltd., Stephens County, 172 thousand reported
FAMBRO "9" — gas, Mcclymond, Ltd., Stephens County, 172 thousand reported
ROGERS HEIRS "2024" UNIT — gas, Mcclymond, Ltd., Stephens County, 172 thousand reported
HARRIS, MAGGIE — gas, Keating Energy, Inc., Stephens County, 172 thousand reported
COODY 40 — gas, Tracer Operating, Inc., Stephens County, 171 thousand reported
ADAMS '2260' — gas, Petex, Stephens County, 171 thousand reported
SINGLETON — gas, Mcclymond, Inc., Stephens County, 171 thousand reported
JACKSON "89" — gas, Braka Operating, L.L.C., Stephens County, 171 thousand reported
LINK NE-53 — gas, Delta Oil & Gas Ltd., Stephens County, 170 thousand reported
PETERSON — gas, Willis Operating Co., Stephens County, 170 thousand reported
COPELAND-MITCHELL "M" — gas, D. & D. Operating Account, Stephens County, 170 thousand reported
THOMAS, R.O. "A" — oil, Spartan Oil Corporation, Stephens County, 169 thousand reported
CONNER, J.E. — gas, Brico Oil, Inc., Stephens County, 169 thousand reported
KIGHT, JUDITH WINSTON -B- — gas, Delta Oil & Gas Company, Stephens County, 169 thousand reported
KENNEDY "C" — gas, Delta Oil & Gas Ltd., Stephens County, 169 thousand reported
BLACK "27" — gas, Seely Oil Company, Stephens County, 169 thousand reported
ACKERS, W.L. — oil, Texas Tank Trucks Co., Stephens County, 168 thousand reported
STONE, R.W. MRS. — gas, Delta Oil & Gas Company, Stephens County, 168 thousand reported
HARPER "10" UNIT — gas, Petex, Stephens County, 167 thousand reported
SPEAR — oil, Statex Petroleum Inc., Stephens County, 167 thousand reported
VICK "56" — gas, Mcclymond, Ltd., Stephens County, 166 thousand reported
FORD, ED "A" — oil, Enrich Oil Corporation, Stephens County, 166 thousand reported
MOON RANCH "D" — gas, Delta Oil & Gas Ltd., Stephens County, 165 thousand reported
STAPP, D.C. — gas, Mcclymond, Inc., Stephens County, 165 thousand reported
SIKES, IDA B. & D. — gas, Kimble Oil Company, Inc., Stephens County, 164 thousand reported
ROBERTSON-CROWLEY — gas, Oryx Energy Company, Stephens County, 164 thousand reported
SPEER — gas, Rainbow Seven Oil & Gas, Inc., Stephens County, 164 thousand reported
HAYNIE UNIT — gas, Mcclymond, Ltd., Stephens County, 164 thousand reported
VEALE PARKS — oil, Eland Energy, Inc., Stephens County, 164 thousand reported
CHRISTESSON '4' — gas, Petex, Stephens County, 163 thousand reported
GARLAND COODY — gas, Delta Oil & Gas Ltd., Stephens County, 163 thousand reported
GRANBERRY-GANDY — gas, Delta Oil & Gas Company, Stephens County, 163 thousand reported
CROWLEY, L. M. — oil, Mcnallen & Griffin, Stephens County, 163 thousand reported
GRAHAM HEIRS — gas, Rob-Joe Gas & Oil Co., Stephens County, 163 thousand reported
SYLVANUS, MARTIN UNIT — oil, Mcclymond, Inc., Stephens County, 162 thousand reported
PARKS UNIT — gas, Mcclymond, Ltd., Stephens County, 162 thousand reported
CORBETT RANCH — gas, Delta Oil & Gas Ltd., Stephens County, 161 thousand reported
SLOAN A — oil, Phillips Petroleum Company, Stephens County, 161 thousand reported
HARRIS, W.B., ET AL — gas, Caddo Creek Corporation, Stephens County, 161 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.