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Texas oil lease

Producing

STEPHENS

Stephens is an oil lease in Irion County, Texas, operated by Prestonwood Operating LLC in the Funk (San Andres) field.

23 wells

7,910bbl oil, last 12 months−28% vs prior year
RRC lease
7C-17418

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Where it sits

This county

Irion CountyIrionTom GreenSchleicherSterlingGlasscockReaganCokeIrion County
Irion County
Oil in Jun 2026
640 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 28% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • 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, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

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

Who has run this lease

The operator changed once, most recently in Jul 2020

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, through Jul 2026.

23 wells on this lease

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.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Jul 1, 2020–
Targa Midstream Services LLCCasinghead gasGathers100Oct 11, 2011Jul 1, 2020
Targa Midstream Services LLCCasinghead gasBuys100Oct 11, 2011Jul 1, 2020
Sentinel Transportation, LLCOilGathers50Jan 1, 2015Jul 1, 2020
Transoil Marketing, LLCOilGathers50Feb 1, 2018Jul 1, 2020

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

560 acres on the newest permit

The wells on this lease state different acreage

The permits state between 240 and 560 acres.

23 wells are listed on this lease

Permits for Stephens
API numberWell no.Acreson the permit
42-235-362651021560
42-235-361771020560
42-235-360121019560
42-235-36013507560
42-235-360111018560
42-235-358931015560
42-235-35894506560
42-235-358201014560
42-235-355771012560
42-235-353861011560
42-235-352791010560
42-235-35190504560

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

Estimate your royalty

36 months, newest first

Ledger for STEPHENS
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/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

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

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Nearby

Prestonwood Operating LLC in Irion County

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Funk (San Andres) field

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