STEVENSON, RUBY
STEVENSON, RUBY is a Texas oil lease in Hutchinson County, Railroad Commission district 10, operated by Oates, John Co., Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,386 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 $16K, with roughly $3K 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 4 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was April 2017, at 70 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 STEVENSON, RUBY
- Who operates STEVENSON, RUBY?
- STEVENSON, RUBY is operated by Oates, John Co., Inc., Railroad Commission of Texas operator number 617485.
- Where is STEVENSON, RUBY?
- STEVENSON, RUBY is a Texas oil lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06006.
- Is STEVENSON, RUBY still producing?
- STEVENSON, RUBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEVENSON, RUBY is August 2026.
- How much has STEVENSON, RUBY produced?
- STEVENSON, RUBY has reported 21,386 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is STEVENSON, RUBY worth?
- The remaining production from STEVENSON, RUBY is estimated to be worth about $16K in total as of 26 August 2026, within a range of $0 to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEVENSON, RUBY is a fraction of it. The estimate fits an Arps decline curve to the production STEVENSON, RUBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEVENSON, RUBY is an estimate of value, not an offer and not an appraisal.
- How much income does STEVENSON, RUBY generate in a year?
- STEVENSON, RUBY is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEVENSON, RUBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oates, John Co., Inc. |
|---|---|
| Field | Panhandle Hutchinson County FLD. |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 06006 |
| Wellbores | 4 |
| Reported production | 21,386 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where STEVENSON, RUBY 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.