STALEY 34-165
STALEY 34-165 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 667,972 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 $5.8M, with roughly $1.3M 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 1,771 barrels a month, about 885 per wellbore. Its strongest month on the record we hold was September 2016, at 8,532 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STALEY 34-165
- Who operates STALEY 34-165?
- STALEY 34-165 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is STALEY 34-165?
- STALEY 34-165 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46361.
- Is STALEY 34-165 still producing?
- STALEY 34-165 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STALEY 34-165 is August 2026.
- How much has STALEY 34-165 produced?
- STALEY 34-165 has reported 667,972 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 2 wellbores.
- How much is STALEY 34-165 worth?
- The remaining production from STALEY 34-165 is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STALEY 34-165 is a fraction of it. The estimate fits an Arps decline curve to the production STALEY 34-165 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STALEY 34-165 is an estimate of value, not an offer and not an appraisal.
- How much income does STALEY 34-165 generate in a year?
- STALEY 34-165 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STALEY 34-165 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 46361 |
| Wellbores | 2 |
| Reported production | 667,972 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where STALEY 34-165 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.