STEVENSON-JONES UNIT
STEVENSON-JONES UNIT is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Parker & Parsley Development Co. It has 37 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,167,214 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 $8.2M, with roughly $1.8M 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 2,691 barrels a month, about 73 per wellbore. Its strongest month on the record we hold was November 2018, at 3,701 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STEVENSON-JONES UNIT
- Who operates STEVENSON-JONES UNIT?
- STEVENSON-JONES UNIT is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is STEVENSON-JONES UNIT?
- STEVENSON-JONES UNIT is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 10661.
- Is STEVENSON-JONES UNIT still producing?
- STEVENSON-JONES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEVENSON-JONES UNIT is August 2026.
- How much has STEVENSON-JONES UNIT produced?
- STEVENSON-JONES UNIT has reported 2,167,214 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 37 wellbores.
- How much is STEVENSON-JONES UNIT worth?
- The remaining production from STEVENSON-JONES UNIT is estimated to be worth about $8.2M in total as of 26 August 2026, within a range of $6.8M to $9.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEVENSON-JONES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STEVENSON-JONES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEVENSON-JONES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STEVENSON-JONES UNIT generate in a year?
- STEVENSON-JONES UNIT is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEVENSON-JONES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 10661 |
| Wellbores | 37 |
| Reported production | 2,167,214 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.2M |
Where STEVENSON-JONES UNIT 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.