STOVALL 1216
STOVALL 1216 is a Texas oil lease in Young County, Railroad Commission district 09, operated by Stovall Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 9,257 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 $110K, with roughly $21K 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 32 barrels a month. Its strongest month on the record we hold was October 2018, at 717 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 STOVALL 1216
- Who operates STOVALL 1216?
- STOVALL 1216 is operated by Stovall Operating Co., Railroad Commission of Texas operator number 824339.
- Where is STOVALL 1216?
- STOVALL 1216 is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33795.
- Is STOVALL 1216 still producing?
- STOVALL 1216 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STOVALL 1216 is August 2026.
- How much has STOVALL 1216 produced?
- STOVALL 1216 has reported 9,257 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is STOVALL 1216 worth?
- The remaining production from STOVALL 1216 is estimated to be worth about $110K in total as of 27 August 2026, within a range of $60K to $159K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STOVALL 1216 is a fraction of it. The estimate fits an Arps decline curve to the production STOVALL 1216 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STOVALL 1216 is an estimate of value, not an offer and not an appraisal.
- How much income does STOVALL 1216 generate in a year?
- STOVALL 1216 is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STOVALL 1216 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stovall Operating Co. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 33795 |
| Wellbores | 1 |
| Reported production | 9,257 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $110K |
Where STOVALL 1216 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.