STEPHENSON
STEPHENSON is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Shelby Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 961,701 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $4K, with roughly $1K expected over the next twelve months.
| Operator | Shelby Operating Company |
|---|---|
| Field | Waskom (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 199036 |
| Wellbores | 1 |
| Reported production | 961,701 mcf |
| First reported | November 2003 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.