STEPHENS 6-31 H1
STEPHENS 6-31 H1 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 230,510 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 $262K, with roughly $235K 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 1,580 barrels a month. Its strongest month on the record we hold was February 2024, at 33,044 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 STEPHENS 6-31 H1
- Who operates STEPHENS 6-31 H1?
- STEPHENS 6-31 H1 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is STEPHENS 6-31 H1?
- STEPHENS 6-31 H1 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60529.
- Is STEPHENS 6-31 H1 still producing?
- STEPHENS 6-31 H1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEPHENS 6-31 H1 is August 2026.
- How much has STEPHENS 6-31 H1 produced?
- STEPHENS 6-31 H1 has reported 230,510 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is STEPHENS 6-31 H1 worth?
- The remaining production from STEPHENS 6-31 H1 is estimated to be worth about $262K in total as of 26 August 2026, within a range of $217K to $306K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEPHENS 6-31 H1 is a fraction of it. The estimate fits an Arps decline curve to the production STEPHENS 6-31 H1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEPHENS 6-31 H1 is an estimate of value, not an offer and not an appraisal.
- How much income does STEPHENS 6-31 H1 generate in a year?
- STEPHENS 6-31 H1 is forecast to net about $235K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEPHENS 6-31 H1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 60529 |
| Wellbores | 1 |
| Reported production | 230,510 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $262K |
Where STEPHENS 6-31 H1 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.