STANDARD TRUST
STANDARD TRUST is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Enex Resources Corporation. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 62,961 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 $206K, with roughly $40K 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 57 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was August 2017, at 142 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 STANDARD TRUST
- Who operates STANDARD TRUST?
- STANDARD TRUST is operated by Enex Resources Corporation, Railroad Commission of Texas operator number 252124.
- Where is STANDARD TRUST?
- STANDARD TRUST is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 03109.
- Is STANDARD TRUST still producing?
- STANDARD TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STANDARD TRUST is August 2026.
- How much has STANDARD TRUST produced?
- STANDARD TRUST has reported 62,961 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is STANDARD TRUST worth?
- The remaining production from STANDARD TRUST is estimated to be worth about $206K in total as of 26 August 2026, within a range of $113K to $298K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STANDARD TRUST is a fraction of it. The estimate fits an Arps decline curve to the production STANDARD TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STANDARD TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does STANDARD TRUST generate in a year?
- STANDARD TRUST is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STANDARD TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enex Resources Corporation |
|---|---|
| Field | Muldoon, SW. (Arnim Sand) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 03109 |
| Wellbores | 6 |
| Reported production | 62,961 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $206K |
Where STANDARD TRUST 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.