STO SEC 2
STO SEC 2 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by E.G.L. Resources, Inc. It has 5 wellbores on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 298,704 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 $3.2M, with roughly $697K 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 983 barrels a month, about 197 per wellbore. Its strongest month on the record we hold was May 2016, at 2,355 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 STO SEC 2
- Who operates STO SEC 2?
- STO SEC 2 is operated by E.G.L. Resources, Inc., Railroad Commission of Texas operator number 238522.
- Where is STO SEC 2?
- STO SEC 2 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41895.
- Is STO SEC 2 still producing?
- STO SEC 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STO SEC 2 is August 2026.
- How much has STO SEC 2 produced?
- STO SEC 2 has reported 298,704 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 5 wellbores.
- How much is STO SEC 2 worth?
- The remaining production from STO SEC 2 is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.5M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STO SEC 2 is a fraction of it. The estimate fits an Arps decline curve to the production STO SEC 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STO SEC 2 is an estimate of value, not an offer and not an appraisal.
- How much income does STO SEC 2 generate in a year?
- STO SEC 2 is forecast to net about $697K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STO SEC 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | E.G.L. Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 41895 |
| Wellbores | 5 |
| Reported production | 298,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where STO SEC 2 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.