STEED, N. H., ET AL -C-
STEED, N. H., ET AL -C- is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Orsburn, Wade Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,466 barrels. The lease is intermittent. 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 $1K, with roughly $251 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 0 barrels a month. Its strongest month on the record we hold was January 2023, at 41 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 STEED, N. H., ET AL -C-
- Who operates STEED, N. H., ET AL -C-?
- STEED, N. H., ET AL -C- is operated by Orsburn, Wade Inc., Railroad Commission of Texas operator number 627073.
- Where is STEED, N. H., ET AL -C-?
- STEED, N. H., ET AL -C- is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 02276.
- Is STEED, N. H., ET AL -C- still producing?
- STEED, N. H., ET AL -C- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STEED, N. H., ET AL -C- is August 2026.
- How much has STEED, N. H., ET AL -C- produced?
- STEED, N. H., ET AL -C- has reported 6,466 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STEED, N. H., ET AL -C- worth?
- The remaining production from STEED, N. H., ET AL -C- is estimated to be worth about $1K in total as of 26 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEED, N. H., ET AL -C- is a fraction of it. The estimate fits an Arps decline curve to the production STEED, N. H., ET AL -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEED, N. H., ET AL -C- is an estimate of value, not an offer and not an appraisal.
- How much income does STEED, N. H., ET AL -C- generate in a year?
- STEED, N. H., ET AL -C- is forecast to net about $251 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEED, N. H., ET AL -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Orsburn, Wade Inc. |
|---|---|
| Field | Callisburg, SW. (Strawn 3100) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 02276 |
| Wellbores | 1 |
| Reported production | 6,466 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where STEED, N. H., ET AL -C- 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.