STEPHAN
STEPHAN is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Allegro Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 61,238 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 $167K, with roughly $32K 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 46 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was December 2019, at 260 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 STEPHAN
- Who operates STEPHAN?
- STEPHAN is operated by Allegro Operating, Inc., Railroad Commission of Texas operator number 013555.
- Where is STEPHAN?
- STEPHAN is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26046.
- Is STEPHAN still producing?
- STEPHAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEPHAN is August 2026.
- How much has STEPHAN produced?
- STEPHAN has reported 61,238 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is STEPHAN worth?
- The remaining production from STEPHAN is estimated to be worth about $167K in total as of 26 August 2026, within a range of $92K to $242K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEPHAN is a fraction of it. The estimate fits an Arps decline curve to the production STEPHAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEPHAN is an estimate of value, not an offer and not an appraisal.
- How much income does STEPHAN generate in a year?
- STEPHAN is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEPHAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Allegro Operating, Inc. |
|---|---|
| Field | Taylor County Regular |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 26046 |
| Wellbores | 2 |
| Reported production | 61,238 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where STEPHAN 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.