STEUBING UNIT B
STEUBING UNIT B is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by El Toro Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 63,697 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 $248K, with roughly $42K 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 62 barrels a month. Its strongest month on the record we hold was July 2016, at 927 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 STEUBING UNIT B
- Who operates STEUBING UNIT B?
- STEUBING UNIT B is operated by El Toro Resources LLC, Railroad Commission of Texas operator number 250718.
- Where is STEUBING UNIT B?
- STEUBING UNIT B is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18876.
- Is STEUBING UNIT B still producing?
- STEUBING UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEUBING UNIT B is August 2026.
- How much has STEUBING UNIT B produced?
- STEUBING UNIT B has reported 63,697 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 1 wellbore.
- How much is STEUBING UNIT B worth?
- The remaining production from STEUBING UNIT B is estimated to be worth about $248K in total as of 26 August 2026, within a range of $136K to $360K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEUBING UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production STEUBING UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEUBING UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does STEUBING UNIT B generate in a year?
- STEUBING UNIT B is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEUBING UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | El Toro Resources LLC |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 18876 |
| Wellbores | 1 |
| Reported production | 63,697 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $248K |
Where STEUBING UNIT B 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.