STEBBINS
STEBBINS is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by 5l Properties, Inc. It has 6 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 71,461 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 $487K, with roughly $94K 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 89 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was January 2017, at 603 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 STEBBINS
- Who operates STEBBINS?
- STEBBINS is operated by 5l Properties, Inc., Railroad Commission of Texas operator number 953778.
- Where is STEBBINS?
- STEBBINS is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30964.
- Is STEBBINS still producing?
- STEBBINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEBBINS is August 2026.
- How much has STEBBINS produced?
- STEBBINS has reported 71,461 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 6 wellbores.
- How much is STEBBINS worth?
- The remaining production from STEBBINS is estimated to be worth about $487K in total as of 26 August 2026, within a range of $268K to $706K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEBBINS is a fraction of it. The estimate fits an Arps decline curve to the production STEBBINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEBBINS is an estimate of value, not an offer and not an appraisal.
- How much income does STEBBINS generate in a year?
- STEBBINS is forecast to net about $94K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEBBINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 5l Properties, Inc. |
|---|---|
| Field | Joed PSL (Flippen Sand) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 30964 |
| Wellbores | 6 |
| Reported production | 71,461 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $487K |
Where STEBBINS 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.