STEARNS, J. D.
STEARNS, J. D. is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Richey, Ray Management Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 531,996 thousand cubic feet. 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 $91K, with roughly $15K 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 746 thousand cubic feet a month. Its strongest month on the record we hold was April 2026, at 1,576 thousand cubic feet. 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 STEARNS, J. D.
- Who operates STEARNS, J. D.?
- STEARNS, J. D. is operated by Richey, Ray Management Co., Inc., Railroad Commission of Texas operator number 709694.
- Where is STEARNS, J. D.?
- STEARNS, J. D. is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 204665.
- Is STEARNS, J. D. still producing?
- STEARNS, J. D. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEARNS, J. D. is August 2026.
- How much has STEARNS, J. D. produced?
- STEARNS, J. D. has reported 531,996 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2004 and August 2026, from 1 wellbore.
- How much is STEARNS, J. D. worth?
- The remaining production from STEARNS, J. D. is estimated to be worth about $91K in total as of 26 August 2026, within a range of $71K to $111K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEARNS, J. D. is a fraction of it. The estimate fits an Arps decline curve to the production STEARNS, J. D. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEARNS, J. D. is an estimate of value, not an offer and not an appraisal.
- How much income does STEARNS, J. D. generate in a year?
- STEARNS, J. D. is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEARNS, J. D. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richey, Ray Management Co., Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 204665 |
| Wellbores | 1 |
| Reported production | 531,996 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $91K |
Where STEARNS, J. D. 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.