STAFFORD
STAFFORD is a Texas oil lease in Jackson County, Railroad Commission district 02, operated by Mogul Energy International, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 95,636 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 $460K, with roughly $88K 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 117 barrels a month. Its strongest month on the record we hold was October 2016, at 798 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 STAFFORD
- Who operates STAFFORD?
- STAFFORD is operated by Mogul Energy International, Inc., Railroad Commission of Texas operator number 573655.
- Where is STAFFORD?
- STAFFORD is a Texas oil lease in Jackson County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09863.
- Is STAFFORD still producing?
- STAFFORD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STAFFORD is August 2026.
- How much has STAFFORD produced?
- STAFFORD has reported 95,636 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 1 wellbore.
- How much is STAFFORD worth?
- The remaining production from STAFFORD is estimated to be worth about $460K in total as of 26 August 2026, within a range of $359K to $561K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STAFFORD is a fraction of it. The estimate fits an Arps decline curve to the production STAFFORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STAFFORD is an estimate of value, not an offer and not an appraisal.
- How much income does STAFFORD generate in a year?
- STAFFORD is forecast to net about $88K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STAFFORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mogul Energy International, Inc. |
|---|---|
| Field | La Ward, Ne. (6700) |
| County | Jackson County, Texas |
| RRC district | 02 |
| Lease number | 09863 |
| Wellbores | 1 |
| Reported production | 95,636 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $460K |
Where STAFFORD 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.