STOKES
STOKES is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Trilogy Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 38,216 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 $100K, with roughly $19K 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 23 barrels a month. Its strongest month on the record we hold was January 2018, at 382 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 STOKES
- Who operates STOKES?
- STOKES is operated by Trilogy Operating, Inc., Railroad Commission of Texas operator number 869713.
- Where is STOKES?
- STOKES is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40278.
- Is STOKES still producing?
- STOKES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STOKES is August 2026.
- How much has STOKES produced?
- STOKES has reported 38,216 barrels of oil (bbl) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is STOKES worth?
- The remaining production from STOKES is estimated to be worth about $100K in total as of 26 August 2026, within a range of $55K to $145K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STOKES is a fraction of it. The estimate fits an Arps decline curve to the production STOKES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STOKES is an estimate of value, not an offer and not an appraisal.
- How much income does STOKES generate in a year?
- STOKES is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STOKES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Trilogy Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 40278 |
| Wellbores | 1 |
| Reported production | 38,216 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $100K |
Where STOKES 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.