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Texas oil lease

Producing

STEPHENS

Stephens is an oil lease in Scurry County, Texas, operated by Strawn Petroleum Operating, LLC in the Garden City, S. (Wolfcamp) field.

1 well

468bbl oil, last 12 months−53% vs prior year
Operator
Strawn Petroleum Operating, LLC
County
Scurry County
Field
Garden City, S. (Wolfcamp)
RRC lease
08-51957

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Where it sits

This county

Scurry CountyScurryFisherGarzaStonewallKentBordenScurry County
Scurry County
Gas, last 12 months
13,347 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for STEPHENS, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 468 bbl in the 12 months through Jul 2026, against 997 bbl in the 12 months before.Last 12 months: 468 bblbbl per monthmcf per month00501,0001002,0001503,0002004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for STEPHENS, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 468 bbl in the 12 months through Jul 2026, against 997 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant

  • Processing plant (3)
  • Lease fuel (1)
Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plantShare of STEPHENS gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: plant to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plantShare of STEPHENS gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of gas by disposition code0%50%100%Feb 26: plant to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 24,665 mcf

  • Lease fuel (1)

    0.5% · 118 mcf

Who has run this lease

The operator changed once, most recently in Sep 2025

Operators of this lease over timeVerado Energy, Inc., Jan 2020 to Aug 2025; Strawn Petroleum Operating, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Verado Energy, Inc.Jan 2020 to Aug 2025Strawn Petroleum Operating, L…Sep 2025 to now
Operators of this lease over timeVerado Energy, Inc., Jan 2020 to Aug 2025; Strawn Petroleum Operating, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Verado Energy, Inc.Jan 2020 to Aug 2025Strawn Petroleum Operating, LLCSep 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STEPHENS
API numberWell no.Status
42-415-348832Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Jun 1, 2022–
Energy Transfer CompanyCasinghead gasBuys100Aug 28, 2025–
Energy Transfer CompanyCasinghead gasGathers100Aug 28, 2025–
Wtg Gas Processing, L.p.Casinghead gasGathers100Jun 1, 2022Aug 28, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Jun 1, 2022Aug 28, 2025
Davis Gas Processing, Inc.Casinghead gasGathers100May 1, 2019Jun 1, 2022
Davis Gas Processing, Inc.Casinghead gasBuys100May 1, 2019Jun 1, 2022
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021Jun 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Jun 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

323.90 acres on the newest permit

Permits for Stephens
API numberWell no.Acreson the permit
42-415-348832323.90

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STEPHENS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Strawn Petroleum00000$80.46$2.89
Jun 2026Strawn Petroleum50000$84.81$3.15
May 2026Strawn Petroleum00000$102.13$2.94
Apr 2026Strawn Petroleum120000$100.32$2.77
Mar 2026Strawn Petroleum300000$91.38$3.04
Feb 2026Strawn Petroleum52011800$64.51$3.62
Jan 2026Strawn Petroleum441811,3851,3850$60.04$7.72
Dec 2025Strawn Petroleum5301,8661,8660$57.97$4.26
Nov 2025Strawn Petroleum8301,7691,7690$60.06$3.79
Oct 2025Strawn Petroleum741852,8462,8460$60.89$3.19
Sep 2025Strawn Petroleum5302,8462,8460$63.96$2.97
Aug 2025Verado Energy,6202,5172,5170$64.86$2.91
Jul 2025Verado Energy,46178000$68.39$3.20
Jun 2025Verado Energy,4701,6241,6240$68.17$3.02
May 2025Verado Energy,309749740$62.17$3.12
Apr 2025Verado Energy,1802,6012,6010$63.54$3.42
Mar 2025Verado Energy,11403,1093,1090$68.24$4.12
Feb 2025Verado Energy,971813,1283,1280$71.53$4.19
Jan 2025Verado Energy,1281833,2343,2340$75.74$4.13
Dec 2024Verado Energy,13702,3562,3560$70.12$3.01
Nov 2024Verado Energy,361843,2813,2810$69.95$2.12
Oct 2024Verado Energy,1411833,7143,7140$71.99$2.20
Sep 2024Verado Energy,10803,1213,1210$70.24$2.28
Aug 2024Verado Energy,1221773,2693,2690$76.68$1.99
Jul 2024Verado Energy,5702,4932,4930$81.80$2.07
Jun 2024Verado Energy,891773,9363,9360$79.77$2.54
May 2024Verado Energy,10703,8433,8430$80.02$2.12
Apr 2024Verado Energy,1291813,4953,4950$85.35$1.60
Mar 2024Verado Energy,1601843,0423,0420$81.28$1.49
Feb 2024Verado Energy,15602,8282,8280$77.25$1.72
Jan 2024Verado Energy,15616022220$74.15$3.18
Dec 2023Verado Energy,1501812912910$71.90$2.52
Nov 2023Verado Energy,14318755550$77.69$2.71
Oct 2023Verado Energy,89174000$85.64$2.98
Sep 2023Verado Energy,1370000$89.43$2.64
Aug 2023Verado Energy,11317370700$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorStrawn Petroleum Operating, LLCFieldGarden City, S. (Wolfcamp)CountyScurry County

Strawn Petroleum Operating, LLC in Scurry County

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Garden City, S. (Wolfcamp) field

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