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Producing

STEPHENS, W.E.

Stephens, W.e. is an oil lease in Grayson County, Texas, operated by BKM Production in the Sherman (Ordovician 8,800) field.

1 well

554bbl oil, last 12 months+2% vs prior year
RRC lease
09-28674

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Where it sits

This county

Grayson CountyGraysonCookeFanninGrayson County
Grayson County
Gas, last 12 months
15,128 mcf
Oil in Jul 2026
47 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for STEPHENS, W.E., Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 554 bbl in the 12 months through Jul 2026, against 545 bbl in the 12 months before.Last 12 months: 554 bblbbl per monthmcf per month0020500401,000601,500802,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for STEPHENS, W.E., Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 554 bbl in the 12 months through Jul 2026, against 545 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020500401,000601,500802,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of STEPHENS, W.E. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of STEPHENS, W.E. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Sep 2021

Operators of this lease over timeXTO Energy Inc., Jan 2020 to Aug 2021; BKM Production, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021XTO Energy Inc.Jan 2020 to Aug 2021BKM ProductionSep 2021 to now
Operators of this lease over timeXTO Energy Inc., Jan 2020 to Aug 2021; BKM Production, Sep 2021 to Jul 20262020202120222023202420252026Changed Sep 2021XTO Energy Inc.Jan 2020 to Aug 2021BKM ProductionSep 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STEPHENS, W.E.
API numberWell no.Status
42-181-308243Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Branch Energy Partners, LLCCasinghead gasBuys100Sep 1, 2021–
Branch Energy Partners, LLCCasinghead gasGathers100Sep 1, 2021–
Gulfmark Energy, Inc.OilGathers50Sep 1, 2021Nov 1, 2023
Plains Marketing, L.p.OilGathers50Sep 1, 2021Nov 1, 2023
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011Sep 1, 2021
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011Sep 1, 2021
Enterprise Crude Oil LLCOilGathers33Nov 1, 2013Sep 1, 2021
Plains Marketing, L.p.OilGathers34Nov 1, 2013Sep 1, 2021

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

66.49 acres on the newest permit

Permits for Stephens, W.e.
API numberWell no.Acreson the permit
42-181-30824366.49

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

Estimate your royalty

36 months, newest first

Ledger for STEPHENS, W.E.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026BKM Production47491,2141,2140$80.46$2.89
Jun 2026BKM Production43401,2131,2130$84.81$3.15
May 2026BKM Production45431,3951,3950$102.13$2.94
Apr 2026BKM Production39431,2601,2600$100.32$2.77
Mar 2026BKM Production45431,3021,3020$91.38$3.04
Feb 2026BKM Production41411,1961,1960$64.51$3.62
Jan 2026BKM Production53551,1141,1140$60.04$7.72
Dec 2025BKM Production51501,2381,2380$57.97$4.26
Nov 2025BKM Production48461,2701,2700$60.06$3.79
Oct 2025BKM Production47481,3061,3060$60.89$3.19
Sep 2025BKM Production47461,2711,2710$63.96$2.97
Aug 2025BKM Production48481,3491,3490$64.86$2.91
Jul 2025BKM Production42461,3481,3480$68.39$3.20
Jun 2025BKM Production47461,2031,2030$68.17$3.02
May 2025BKM Production45431,0941,0940$62.17$3.12
Apr 2025BKM Production46461,1571,1570$63.54$3.42
Mar 2025BKM Production53531,2841,2840$68.24$4.12
Feb 2025BKM Production39411,0551,0550$71.53$4.19
Jan 2025BKM Production45451,2271,2270$75.74$4.13
Dec 2024BKM Production42401,2541,2540$70.12$3.01
Nov 2024BKM Production41428538530$69.95$2.12
Oct 2024BKM Production50511,3431,3430$71.99$2.20
Sep 2024BKM Production46431,3521,3520$70.24$2.28
Aug 2024BKM Production49531,1471,1470$76.68$1.99
Jul 2024BKM Production49481,2631,2630$81.80$2.07
Jun 2024BKM Production60591,3261,3260$79.77$2.54
May 2024BKM Production53551,3021,3020$80.02$2.12
Apr 2024BKM Production35331,3081,3080$85.35$1.60
Mar 2024BKM Production42421,2871,2870$81.28$1.49
Feb 2024BKM Production40441,2331,2330$77.25$1.72
Jan 2024BKM Production48481,1741,1740$74.15$3.18
Dec 2023BKM Production47479029020$71.90$2.52
Nov 2023BKM Production45461,1761,1760$77.69$2.71
Oct 2023BKM Production43401,2141,2140$85.64$2.98
Sep 2023BKM Production47501,2811,2810$89.43$2.64
Aug 2023BKM Production42391,3191,3190$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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Sherman (Ordovician 8,800) field

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