STE
STE is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Blackbrush O & G, LLC. It has 5 wellbores on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 516,531 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 $3.5M, with roughly $2.5M 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 12,485 barrels a month, about 2,497 per wellbore. Its strongest month on the record we hold was March 2025, at 37,331 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 STE
- Who operates STE?
- STE is operated by Blackbrush O & G, LLC, Railroad Commission of Texas operator number 073059.
- Where is STE?
- STE is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18328.
- Is STE still producing?
- STE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STE is August 2026.
- How much has STE produced?
- STE has reported 516,531 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 5 wellbores.
- How much is STE worth?
- The remaining production from STE is estimated to be worth about $3.5M in total as of 26 August 2026, within a range of $2.9M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STE is a fraction of it. The estimate fits an Arps decline curve to the production STE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STE is an estimate of value, not an offer and not an appraisal.
- How much income does STE generate in a year?
- STE is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbrush O & G, LLC |
|---|---|
| Field | A.W.P. (Olmos) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 18328 |
| Wellbores | 5 |
| Reported production | 516,531 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where STE 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.