Skip to content
Royalty Clerk

Texas oil lease

Producing

STEPHENS

Stephens is an oil lease in Gaines County, Texas, operated by Raw Oil & Gas, Inc. in the Monarch (San Andres) field.

3 wells

10,335bbl oil, last 12 months−5% vs prior year
RRC lease
8A-70481

Is your check right?

Check my statement

Where it sits

This county

Gaines CountyGainesYoakumDawsonTerryGaines County
Gaines County
Gas, last 12 months
2,055 mcf
Oil in Jul 2026
853 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for STEPHENS, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 10,335 bbl in the 12 months through Jul 2026, against 10,887 bbl in the 12 months before.Last 12 months: 10,335 bblbbl per monthmcf per month002501005002007503001,0004001,250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for STEPHENS, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 10,335 bbl in the 12 months through Jul 2026, against 10,887 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501005002007503001,0004001,250500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of STEPHENS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of STEPHENS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

3 wells on this lease

Wells on STEPHENS
API numberWell no.Status
42-165-383891Active
42-165-384083Active
42-165-384572Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021–
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jul 8, 2016Jul 1, 2021

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

80 acres on the newest permit

Permits for Stephens
API numberWell no.Acreson the permit
42-165-38408380
42-165-38457280
42-165-38389180

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

Estimate your royalty

36 months, newest first

Ledger for STEPHENS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268536861710171$80.46$2.89
Jun 20268348511670167$84.81$3.15
May 20268748291750175$102.13$2.94
Apr 20268361,0001670167$100.32$2.77
Mar 20268647841730173$91.38$3.04
Feb 20268329991660166$64.51$3.62
Jan 20268426781680168$60.04$7.72
Dec 20258868111770177$57.97$4.26
Nov 20258649781730173$60.06$3.79
Oct 20258738591750175$60.89$3.19
Sep 20258818471760176$63.96$2.97
Aug 20258968351670167$64.86$2.91
Jul 20259121,0091820182$68.39$3.20
Jun 20258648341730173$68.17$3.02
May 20259251,0171850185$62.17$3.12
Apr 20258658421730173$63.54$3.42
Mar 20259088421820182$68.24$4.12
Feb 20258858461770177$71.53$4.19
Jan 20258979941790179$75.74$4.13
Dec 20248729481890189$70.12$3.01
Nov 20249298791850185$69.95$2.12
Oct 20249251,1071850185$71.99$2.20
Sep 20248986761790179$70.24$2.28
Aug 20241,0071,0052010201$76.68$1.99
Jul 20249277931850185$81.80$2.07
Jun 20249181,0551830183$79.77$2.54
May 20249349032620262$80.02$2.12
Apr 20249691,1941930193$85.35$1.60
Mar 20249517801900190$81.28$1.49
Feb 20248316862400240$77.25$1.72
Jan 20248449871680168$74.15$3.18
Dec 20239581,0471900190$71.90$2.52
Nov 20239837701960196$77.69$2.71
Oct 20239741,0681940194$85.64$2.98
Sep 20239779331940194$89.43$2.64
Aug 20239399101820182$81.39$2.58

Flared above 3%

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

How to check your stub against this lease

Do your checks match this lease?

Nearby

Raw Oil & Gas, Inc. in Gaines County

All Raw Oil & Gas, Inc. leases →

Monarch (San Andres) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km