STROMAN RANCH
STROMAN RANCH is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 7 wellbores on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 383,782 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 $3.7M, with roughly $832K 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 928 barrels a month, about 133 per wellbore. Its strongest month on the record we hold was June 2016, at 4,160 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 STROMAN RANCH
- Who operates STROMAN RANCH?
- STROMAN RANCH is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is STROMAN RANCH?
- STROMAN RANCH is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43307.
- Is STROMAN RANCH still producing?
- STROMAN RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STROMAN RANCH is August 2026.
- How much has STROMAN RANCH produced?
- STROMAN RANCH has reported 383,782 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 7 wellbores.
- How much is STROMAN RANCH worth?
- The remaining production from STROMAN RANCH is estimated to be worth about $3.7M in total as of 26 August 2026, within a range of $2.9M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STROMAN RANCH is a fraction of it. The estimate fits an Arps decline curve to the production STROMAN RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STROMAN RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does STROMAN RANCH generate in a year?
- STROMAN RANCH is forecast to net about $832K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STROMAN RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 43307 |
| Wellbores | 7 |
| Reported production | 383,782 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where STROMAN RANCH 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.