Davis Ruby Lee Test Trust

Q: What mineral rights does Davis Ruby Lee Test Trust own in Stephens County?

Davis Ruby Lee Test Trust owns 25 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $321,620. These interests include 0 working interest(s) and 25 royalty interest(s) across 24 lease(s).

Q: How can I sell my Stephens County mineral rights?

Buckhead Energy purchases mineral rights directly from owners in Stephens County and throughout the Bend Arch (Fort Worth Basin). We offer fair, competitive prices with no broker fees or commissions. Contact us for a free, no-obligation evaluation of your mineral rights.

Q: Where is Stephens County, Texas?

Stephens County is in North-Central Texas, with Breckenridge as its county seat. It lies on the Bend Arch in the western Fort Worth Basin — a long-producing conventional oil and gas area known for the Caddo, Marble Falls, and shallower pay zones, with production dating back to the 1910s Breckenridge boom.

Q: How much are Stephens County mineral rights worth?

Mineral rights values in Stephens County vary based on factors including current production, lease terms, operator activity, and commodity prices. The Bend Arch is a mature conventional area, so valuations typically reflect long-lived, shallow-decline production. Contact Buckhead Energy for a free, no-obligation evaluation of your specific mineral interests.

Q: What is the difference between working interest and royalty interest?

A royalty interest (RI) entitles the owner to a share of production revenue without paying for drilling or operating costs. A working interest (WI) participates in both the revenue and the costs of drilling and operating wells. Most mineral owners in Stephens County hold royalty interests.

Total Interests

$321,620

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 25

Cumulative Production (Associated Leases)

Natural Gas: 9.00 MMCF

Oil: 15.44 MMBBL

Operators

Delta Oil & Gas Ltd. Texian Energy Corporat Petex Buck Wheat Resources Basa Resources Zagava, Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Atkins A A RRC: 23066	Delta Oil & Gas Ltd.	RI	2.5000%	$0
Atkins A A (Oil) RRC: 03900	Texian Energy Corporat	RI	2.5000%	$169,570
Atkins -A- (Oil) RRC: 10269	Texian Energy Corporat	RI	2.5001%	$31,610
Atkins-Arco 'A' RRC: 21394	Delta Oil & Gas Ltd.	RI	2.5000%	$270
Atkins-Arco 'B' RRC: 25449	Delta Oil & Gas Ltd.	RI	2.5000%	$0
Cretsinger 1 RRC: 206861	Petex	RI	0.7444%	$390
Davis 1b RRC: 174164	Buck Wheat Resources	RI	1.2500%	$0
Davis R. RRC: 28930	Buck Wheat Resources	RI	5.2393%	$0
Davis R A 3 RRC: 181403	Buck Wheat Resources	RI	5.2393%	$0
E Eliasville Caddo Uni RRC: 14358	Basa Resources	RI	0.7813%	$2,760
Ledbetter RRC: 110722	Zagava, Llc	RI	0.0782%	$0
Ledbetter RRC: 110722	Zagava, Llc	RI	0.0783%	$0
Parks J. W. A RRC: 29743	Basa Resources	RI	3.4723%	$0
Parks J W A RRC: 29743	Basa Resources	RI	3.4723%	$34,600
Parks J W 'A' #093 RRC: 133428	Basa Resources	RI	3.4723%	$0
Parks J W 'A' #103 RRC: 25079	Basa Resources	RI	3.4723%	$0
Parks J W 'A' #108 RRC: 25056	Basa Resources	RI	3.4723%	$3,760
Parks J W 'A' #110 RRC: 138341	Basa Resources	RI	3.4723%	$0
Parks J.W. 'A' 112 RRC: 172136	Basa Resources	RI	3.4723%	$0
Parks J.W. 'A' 112c RRC: 172135	Basa Resources	RI	3.4723%	$0
Parks J W -A-#81 #84 RRC: 03925	Basa Resources	RI	3.4723%	$76,460
Parks J W Abbs RRC: 28965	Basa Resources	RI	3.4723%	$2,160
Parks J W 'A' Nct-1 RRC: 111141	Basa Resources	RI	3.4723%	$0
Parks Jw Nts1 65 RRC: 281784	Basa Resources	RI	3.4723%	$0
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.2080%	$40

Frequently Asked Questions

What mineral rights does Davis Ruby Lee Test Trust own in Stephens County?

How can I sell my Stephens County mineral rights?

Where is Stephens County, Texas?

How much are Stephens County mineral rights worth?

What is the difference between working interest and royalty interest?

About Stephens County & The Bend Arch

Stephens County is in North-Central Texas, with Breckenridge as its county seat. It sits on the Bend Arch in the western Fort Worth Basin — a long-producing conventional oil & gas area known for the Caddo, Marble Falls, and shallower pay zones.

The Breckenridge field and surrounding Bend Arch leases have produced oil and gas for over a century. Production is mature and long-lived, with many shallow conventional wells declining slowly and continuing to pay royalties for decades.

Many mineral owners in Stephens County have received royalty payments for decades. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy purchases mineral rights across the Bend Arch and Fort Worth Basin.