STEVENS
STEVENS is a Texas gas lease in Victoria County, Railroad Commission district 02, operated by Forza Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2025 to August 2026, totalling 136,297 thousand cubic feet. The lease is intermittent. 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 $8.1M, with roughly $1.4M 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 19,471 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 58,766 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 STEVENS
- Who operates STEVENS?
- STEVENS is operated by Forza Operating, LLC, Railroad Commission of Texas operator number 278837.
- Where is STEVENS?
- STEVENS is a Texas gas lease in Victoria County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 301667.
- Is STEVENS still producing?
- STEVENS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STEVENS is August 2026.
- How much has STEVENS produced?
- STEVENS has reported 136,297 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2025 and August 2026, from 1 wellbore.
- How much is STEVENS worth?
- The remaining production from STEVENS is estimated to be worth about $8.1M in total as of 27 August 2026, within a range of $6.7M to $9.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEVENS is a fraction of it. The estimate fits an Arps decline curve to the production STEVENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEVENS is an estimate of value, not an offer and not an appraisal.
- How much income does STEVENS generate in a year?
- STEVENS is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEVENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forza Operating, LLC |
|---|---|
| Field | Inez (Yegua 9060) |
| County | Victoria County, Texas |
| RRC district | 02 |
| Lease number | 301667 |
| Wellbores | 1 |
| Reported production | 136,297 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.1M |
Where STEVENS 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.