STARK
STARK is a Texas oil lease in Orange County, Railroad Commission district 03, operated by Harper, Wayne. It has 8 wellbores on file with the Commission. Reported production runs from January 2004 to August 2026, totalling 317,740 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 $1.4M, with roughly $324K 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 507 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was August 2016, at 1,163 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 STARK
- Who operates STARK?
- STARK is operated by Harper, Wayne, Railroad Commission of Texas operator number 358820.
- Where is STARK?
- STARK is a Texas oil lease in Orange County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24494.
- Is STARK still producing?
- STARK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STARK is August 2026.
- How much has STARK produced?
- STARK has reported 317,740 barrels of oil (bbl) to the Railroad Commission of Texas between January 2004 and August 2026, from 8 wellbores.
- How much is STARK worth?
- The remaining production from STARK is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STARK is a fraction of it. The estimate fits an Arps decline curve to the production STARK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STARK is an estimate of value, not an offer and not an appraisal.
- How much income does STARK generate in a year?
- STARK is forecast to net about $324K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STARK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Harper, Wayne |
|---|---|
| Field | Port Neches |
| County | Orange County, Texas |
| RRC district | 03 |
| Lease number | 24494 |
| Wellbores | 8 |
| Reported production | 317,740 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where STARK 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.