STERLING TRUST
STERLING TRUST is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Brahaney Drilling Co. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 31,349 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 $14K, with roughly $3K 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 4 barrels a month. Its strongest month on the record we hold was September 2024, at 301 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 STERLING TRUST
- Who operates STERLING TRUST?
- STERLING TRUST is operated by Brahaney Drilling Co., Railroad Commission of Texas operator number 088380.
- Where is STERLING TRUST?
- STERLING TRUST is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36411.
- Is STERLING TRUST still producing?
- STERLING TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STERLING TRUST is August 2026.
- How much has STERLING TRUST produced?
- STERLING TRUST has reported 31,349 barrels of oil (bbl) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is STERLING TRUST worth?
- The remaining production from STERLING TRUST is estimated to be worth about $14K in total as of 27 August 2026, within a range of $0 to $27K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STERLING TRUST is a fraction of it. The estimate fits an Arps decline curve to the production STERLING TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STERLING TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does STERLING TRUST generate in a year?
- STERLING TRUST is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STERLING TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brahaney Drilling Co. |
|---|---|
| Field | Coronet (2900) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 36411 |
| Wellbores | 1 |
| Reported production | 31,349 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where STERLING TRUST 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.