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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 17418

Producing

STEPHENS

Stephens is an oil lease in Irion County, Texas, operated by Prestonwood Operating LLC in the Funk (San Andres) field. The Railroad Commission shows 7,910 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 23 wells

7,910bbl oil, last 12 months−28% vs prior year
Operator
Prestonwood Operating LLC
County
Irion County
Field
Funk (San Andres)
RRC lease
7C-17418

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Where it sits

This county

Irion CountyIrionTom GreenSchleicherSterlingGlasscockReaganCokeIrion County
Irion County · RRC district 7COpen Irion County →
Oil in Jun 2026
640 bbl
Reporting to the state
since Jan 2020
Wells
23
Data through
Jun 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 28% over the last 12 months

7,124 bbl in the 12 months through Jul 2026, against 9,948 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production for STEPHENS, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 7,124 bbl in the 12 months through Jul 2026, against 9,948 bbl in the 12 months before.Last 12 months: 7,124 bblbbl per month02505007501,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production for STEPHENS, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 7,124 bbl in the 12 months through Jul 2026, against 9,948 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 17418, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Jul 2020

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeBanner Operating, LLC, Jan 2020 to Jun 2020; Prestonwood Operating LLC, Jul 2020 to Jun 20262020202120222023202420252026Changed Jul 2020Banner Operating, LLCJan 2020 to Jun 2020Prestonwood Operating LLCJul 2020 to now
Operators of this lease over timeBanner Operating, LLC, Jan 2020 to Jun 2020; Prestonwood Operating LLC, Jul 2020 to Jun 20262020202120222023202420252026Changed Jul 2020Banner Operating, LLCJan 2020 to Jun 2020Prestonwood Operating LLCJul 2020 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

23 wells on this lease

Every well the Railroad Commission links to oil lease 17418 in district 7C. The API number is the state’s ID for a well.
Wells on STEPHENS
API numberWell no.Status
42-235-341061001Shut-in
42-235-34318501Shut-in
42-235-344101003Active
42-235-344111002Shut-in
42-235-344251004Active
42-235-34430503Shut-in
42-235-345481006Active
42-235-348271007Shut-in
42-235-351651008Active
42-235-351851009Active
42-235-35190504Active
42-235-35191505Active
42-235-352791010Active
42-235-353861011Active
42-235-355771012Active
42-235-358201014Active
42-235-358931015Active
42-235-35894506Active
42-235-360111018Active
42-235-360121019Active
42-235-36013507Active
42-235-361771020Active
42-235-362651021Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 17418.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

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Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says STEPHENS sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

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Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for STEPHENS
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Prestonwood Operating640667$84.81$3.15
May 2026Prestonwood Operating645545$102.13$2.94
Apr 2026Prestonwood Operating636698$100.32$2.77
Mar 2026Prestonwood Operating618526$91.38$3.04
Feb 2026Prestonwood Operating446520$64.51$3.62
Jan 2026Prestonwood Operating418344$60.04$7.72
Dec 2025Prestonwood Operating775854$57.97$4.26
Nov 2025Prestonwood Operating735686$60.06$3.79
Oct 2025Prestonwood Operating733848$60.89$3.19
Sep 2025Prestonwood Operating749715$63.96$2.97
Aug 2025Prestonwood Operating729703$64.86$2.91
Jul 2025Prestonwood Operating786906$68.39$3.20
Jun 2025Prestonwood Operating789733$68.17$3.02
May 2025Prestonwood Operating821712$62.17$3.12
Apr 2025Prestonwood Operating857881$63.54$3.42
Mar 2025Prestonwood Operating870916$68.24$4.12
Feb 2025Prestonwood Operating689686$71.53$4.19
Jan 2025Prestonwood Operating788882$75.74$4.13
Dec 2024Prestonwood Operating843699$70.12$3.01
Nov 2024Prestonwood Operating813926$69.95$2.12
Oct 2024Prestonwood Operating904896$71.99$2.20
Sep 2024Prestonwood Operating912843$70.24$2.28
Aug 2024Prestonwood Operating8761,028$76.68$1.99
Jul 2024Prestonwood Operating861862$81.80$2.07
Jun 2024Prestonwood Operating868689$79.77$2.54
May 2024Prestonwood Operating960837$80.02$2.12
Apr 2024Prestonwood Operating8561,025$85.35$1.60
Mar 2024Prestonwood Operating9911,020$81.28$1.49
Feb 2024Prestonwood Operating981851$77.25$1.72
Jan 2024Prestonwood Operating817851$74.15$3.18
Dec 2023Prestonwood Operating940845$71.90$2.52
Nov 2023Prestonwood Operating9251,024$77.69$2.71
Oct 2023Prestonwood Operating9831,013$85.64$2.98
Sep 2023Prestonwood Operating1,0291,014$89.43$2.64
Aug 2023Prestonwood Operating887987$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

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Upload your statements for STEPHENS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Prestonwood Operating LLC.

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Around this lease

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This lease belongs to

OperatorPrestonwood Operating LLCFieldFunk (San Andres)CountyIrion County

Prestonwood Operating LLC in Irion County

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Funk (San Andres) field

All leases in this field →

New drilling permits in Irion County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jun 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 17418, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.