PALM, F. N.
PALM, F. N. is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Stephens & Johnson Operating Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 67,818 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 $118K, with roughly $23K 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 33 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was January 2017, at 193 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 PALM, F. N.
- Who operates PALM, F. N.?
- PALM, F. N. is operated by Stephens & Johnson Operating Co., Railroad Commission of Texas operator number 817555.
- Where is PALM, F. N.?
- PALM, F. N. is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 10380.
- Is PALM, F. N. still producing?
- PALM, F. N. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALM, F. N. is August 2026.
- How much has PALM, F. N. produced?
- PALM, F. N. has reported 67,818 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is PALM, F. N. worth?
- The remaining production from PALM, F. N. is estimated to be worth about $118K in total as of 27 August 2026, within a range of $65K to $171K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALM, F. N. is a fraction of it. The estimate fits an Arps decline curve to the production PALM, F. N. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALM, F. N. is an estimate of value, not an offer and not an appraisal.
- How much income does PALM, F. N. generate in a year?
- PALM, F. N. is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PALM, F. N. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens & Johnson Operating Co. |
|---|---|
| Field | Palm (Miss.) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 10380 |
| Wellbores | 5 |
| Reported production | 67,818 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where PALM, F. N. 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.