STEVENS NO. 1 OIL UNIT
STEVENS NO. 1 OIL UNIT is a Texas oil lease in Austin County, Railroad Commission district 03, operated by Enhanced Energy Partners Corp. It has 2 wellbores on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 139,540 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 $907K, with roughly $174K 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 240 barrels a month, about 120 per wellbore. Its strongest month on the record we hold was March 2018, at 690 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 STEVENS NO. 1 OIL UNIT
- Who operates STEVENS NO. 1 OIL UNIT?
- STEVENS NO. 1 OIL UNIT is operated by Enhanced Energy Partners Corp, Railroad Commission of Texas operator number 252470.
- Where is STEVENS NO. 1 OIL UNIT?
- STEVENS NO. 1 OIL UNIT is a Texas oil lease in Austin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25320.
- Is STEVENS NO. 1 OIL UNIT still producing?
- STEVENS NO. 1 OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEVENS NO. 1 OIL UNIT is August 2026.
- How much has STEVENS NO. 1 OIL UNIT produced?
- STEVENS NO. 1 OIL UNIT has reported 139,540 barrels of oil (bbl) to the Railroad Commission of Texas between January 2009 and August 2026, from 2 wellbores.
- How much is STEVENS NO. 1 OIL UNIT worth?
- The remaining production from STEVENS NO. 1 OIL UNIT is estimated to be worth about $907K in total as of 26 August 2026, within a range of $708K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEVENS NO. 1 OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STEVENS NO. 1 OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEVENS NO. 1 OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STEVENS NO. 1 OIL UNIT generate in a year?
- STEVENS NO. 1 OIL UNIT is forecast to net about $174K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEVENS NO. 1 OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enhanced Energy Partners Corp |
|---|---|
| Field | Raccoon Bend (Gutowsky) |
| County | Austin County, Texas |
| RRC district | 03 |
| Lease number | 25320 |
| Wellbores | 2 |
| Reported production | 139,540 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $907K |
Where STEVENS NO. 1 OIL 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.