STEPHENS FEE '6'
STEPHENS FEE '6' is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 11 wellbores on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 579,896 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 $2.9M, with roughly $792K 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 1,098 barrels a month, about 100 per wellbore. Its strongest month on the record we hold was June 2016, at 8,718 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STEPHENS FEE '6'
- Who operates STEPHENS FEE '6'?
- STEPHENS FEE '6' is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is STEPHENS FEE '6'?
- STEPHENS FEE '6' is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45300.
- Is STEPHENS FEE '6' still producing?
- STEPHENS FEE '6' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEPHENS FEE '6' is August 2026.
- How much has STEPHENS FEE '6' produced?
- STEPHENS FEE '6' has reported 579,896 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 11 wellbores.
- How much is STEPHENS FEE '6' worth?
- The remaining production from STEPHENS FEE '6' is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEPHENS FEE '6' is a fraction of it. The estimate fits an Arps decline curve to the production STEPHENS FEE '6' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEPHENS FEE '6' is an estimate of value, not an offer and not an appraisal.
- How much income does STEPHENS FEE '6' generate in a year?
- STEPHENS FEE '6' is forecast to net about $792K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEPHENS FEE '6' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 45300 |
| Wellbores | 11 |
| Reported production | 579,896 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where STEPHENS FEE '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.