STONE

STONE is a Texas oil lease in Harris County, Railroad Commission district 03, operated by Pennzoil Exploration & Prod. Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 826,051 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $87K, with roughly $20K expected over the next twelve months.

OperatorPennzoil Exploration & Prod. Co.
FieldDurkee (Fairbanks Sand)
CountyHarris County, Texas
RRC district03
Lease number01301
Wellbores5
Reported production826,051 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$87K

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.