JJ STEPHENS
JJ STEPHENS is a Texas oil lease in Smith County, Railroad Commission district 06, operated by SND Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 6,926 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 $330K, with roughly $64K 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 87 barrels a month. Its strongest month on the record we hold was October 2020, at 386 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JJ STEPHENS
- Who operates JJ STEPHENS?
- JJ STEPHENS is operated by SND Operating, L.L.C., Railroad Commission of Texas operator number 797127.
- Where is JJ STEPHENS?
- JJ STEPHENS is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15776.
- Is JJ STEPHENS still producing?
- JJ STEPHENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JJ STEPHENS is August 2026.
- How much has JJ STEPHENS produced?
- JJ STEPHENS has reported 6,926 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is JJ STEPHENS worth?
- The remaining production from JJ STEPHENS is estimated to be worth about $330K in total as of 26 August 2026, within a range of $182K to $479K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JJ STEPHENS is a fraction of it. The estimate fits an Arps decline curve to the production JJ STEPHENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JJ STEPHENS is an estimate of value, not an offer and not an appraisal.
- How much income does JJ STEPHENS generate in a year?
- JJ STEPHENS is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JJ STEPHENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SND Operating, L.L.C. |
|---|---|
| Field | Overton (Travis Peak) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15776 |
| Wellbores | 1 |
| Reported production | 6,926 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $330K |
Where JJ STEPHENS 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.