NANCE "6"
NANCE "6" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Stephens, Autry C. It has 1 wellbore on file with the Commission. Reported production runs from March 1999 to August 2026, totalling 161,328 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 $479K, with roughly $87K 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 104 barrels a month. Its strongest month on the record we hold was April 2021, at 530 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 NANCE "6"
- Who operates NANCE "6"?
- NANCE "6" is operated by Stephens, Autry C., Railroad Commission of Texas operator number 817550.
- Where is NANCE "6"?
- NANCE "6" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35996.
- Is NANCE "6" still producing?
- NANCE "6" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NANCE "6" is August 2026.
- How much has NANCE "6" produced?
- NANCE "6" has reported 161,328 barrels of oil (bbl) to the Railroad Commission of Texas between March 1999 and August 2026, from 1 wellbore.
- How much is NANCE "6" worth?
- The remaining production from NANCE "6" is estimated to be worth about $479K in total as of 27 August 2026, within a range of $373K to $584K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NANCE "6" is a fraction of it. The estimate fits an Arps decline curve to the production NANCE "6" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NANCE "6" is an estimate of value, not an offer and not an appraisal.
- How much income does NANCE "6" generate in a year?
- NANCE "6" is forecast to net about $87K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NANCE "6" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens, Autry C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 35996 |
| Wellbores | 1 |
| Reported production | 161,328 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $479K |
Where NANCE "6" 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.