TRAPPE
TRAPPE is a Texas oil lease in Wilson County, Railroad Commission district 01, operated by Stoneburner Exploration, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,647 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 $328K, with roughly $63K 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 77 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was March 2023, at 270 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 TRAPPE
- Who operates TRAPPE?
- TRAPPE is operated by Stoneburner Exploration, Inc., Railroad Commission of Texas operator number 823780.
- Where is TRAPPE?
- TRAPPE is a Texas oil lease in Wilson County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 09692.
- Is TRAPPE still producing?
- TRAPPE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRAPPE is August 2026.
- How much has TRAPPE produced?
- TRAPPE has reported 40,647 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is TRAPPE worth?
- The remaining production from TRAPPE is estimated to be worth about $328K in total as of 26 August 2026, within a range of $181K to $476K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRAPPE is a fraction of it. The estimate fits an Arps decline curve to the production TRAPPE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRAPPE is an estimate of value, not an offer and not an appraisal.
- How much income does TRAPPE generate in a year?
- TRAPPE is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRAPPE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stoneburner Exploration, Inc. |
|---|---|
| Field | Marcelina Creek (Austin Chalk) |
| County | Wilson County, Texas |
| RRC district | 01 |
| Lease number | 09692 |
| Wellbores | 2 |
| Reported production | 40,647 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $328K |
Where TRAPPE 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.