STANFIELD
STANFIELD is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by Seagull Operating Co., Inc. It has 30 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 75,953 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 $76K, with roughly $15K 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 22 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was April 2019, at 211 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 STANFIELD
- Who operates STANFIELD?
- STANFIELD is operated by Seagull Operating Co., Inc., Railroad Commission of Texas operator number 761710.
- Where is STANFIELD?
- STANFIELD is a Texas oil lease in Bexar County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 03389.
- Is STANFIELD still producing?
- STANFIELD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STANFIELD is August 2026.
- How much has STANFIELD produced?
- STANFIELD has reported 75,953 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 30 wellbores.
- How much is STANFIELD worth?
- The remaining production from STANFIELD is estimated to be worth about $76K in total as of 27 August 2026, within a range of $42K to $111K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STANFIELD is a fraction of it. The estimate fits an Arps decline curve to the production STANFIELD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STANFIELD is an estimate of value, not an offer and not an appraisal.
- How much income does STANFIELD generate in a year?
- STANFIELD is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STANFIELD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seagull Operating Co., Inc. |
|---|---|
| Field | Somerset |
| County | Bexar County, Texas |
| RRC district | 01 |
| Lease number | 03389 |
| Wellbores | 30 |
| Reported production | 75,953 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $76K |
Where STANFIELD 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.