STEVENS, THOMAS
STEVENS, THOMAS is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Operating Co., L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 2,363,901 thousand cubic feet. 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 $483K, with roughly $77K 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 3,246 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 6,079 thousand cubic feet. 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 STEVENS, THOMAS
- Who operates STEVENS, THOMAS?
- STEVENS, THOMAS is operated by Devon Energy Operating Co., L.P., Railroad Commission of Texas operator number 216730.
- Where is STEVENS, THOMAS?
- STEVENS, THOMAS is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 190741.
- Is STEVENS, THOMAS still producing?
- STEVENS, THOMAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEVENS, THOMAS is August 2026.
- How much has STEVENS, THOMAS produced?
- STEVENS, THOMAS has reported 2,363,901 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
- How much is STEVENS, THOMAS worth?
- The remaining production from STEVENS, THOMAS is estimated to be worth about $483K in total as of 26 August 2026, within a range of $401K to $565K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEVENS, THOMAS is a fraction of it. The estimate fits an Arps decline curve to the production STEVENS, THOMAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEVENS, THOMAS is an estimate of value, not an offer and not an appraisal.
- How much income does STEVENS, THOMAS generate in a year?
- STEVENS, THOMAS is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEVENS, THOMAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Operating Co., L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 190741 |
| Wellbores | 1 |
| Reported production | 2,363,901 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $483K |
Where STEVENS, THOMAS 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.