STEVENS
STEVENS is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Sandridge Expl. And Prod., LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 89,570 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 $255K, with roughly $47K 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 56 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was October 2018, at 898 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 STEVENS
- Who operates STEVENS?
- STEVENS is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is STEVENS?
- STEVENS is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69971.
- Is STEVENS still producing?
- STEVENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEVENS is August 2026.
- How much has STEVENS produced?
- STEVENS has reported 89,570 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 2 wellbores.
- How much is STEVENS worth?
- The remaining production from STEVENS is estimated to be worth about $255K in total as of 26 August 2026, within a range of $140K to $370K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEVENS is a fraction of it. The estimate fits an Arps decline curve to the production STEVENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEVENS is an estimate of value, not an offer and not an appraisal.
- How much income does STEVENS generate in a year?
- STEVENS is forecast to net about $47K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEVENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Tex-Mex, Se. (Wichita Albany) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 69971 |
| Wellbores | 2 |
| Reported production | 89,570 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $255K |
Where STEVENS 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.