Oil and gas leases in Live Oak County — page 5

Live Oak County, Texas has 2,299 oil and gas leases with production on file at the Railroad Commission. 645 of them are oil leases and 1,654 are gas leases. Between them they carry 2,980 wellbores. Reported volumes run from January 1993 to August 2026 and come to 148.2 million barrels of oil and 1.6 billion Mcf of gas. 291 operators file returns here. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Live Oak County

How many oil and gas leases are in Live Oak County?
Live Oak County has 2,299 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Live Oak County produced?
Leases in Live Oak County have reported 148,151,325 barrels of oil (bbl) and 1,644,137,689 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How many operators are active in Live Oak County?
291 operators file production returns for leases in Live Oak County.
How much are mineral rights in Live Oak County worth?
There is no single figure: what a mineral or royalty interest in Live Oak County is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 2,299 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Leases — page 5 of 12

  • REAGAN, L. A. — gas, Neumin Production Company, Live Oak County, 775 thousand reported
  • JERRY HOUSE UNIT C — gas, Verdun Oil & Gas LLC, Live Oak County, 770 thousand reported
  • BODDEN-FROST GU 1 — gas, Sanchez-O'Brien Oil & Gas Corp., Live Oak County, 770 thousand reported
  • THREE SISTERS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 769 thousand reported
  • MCCLELLAND "C" — gas, Bridge Oil Company, L. P., Live Oak County, 766 thousand reported
  • GASKIN — oil, Burlington Resources O & G Co LP, Live Oak County, 766 thousand reported
  • JERRY HOUSE UNIT A — gas, Verdun Oil & Gas LLC, Live Oak County, 765 thousand reported
  • CARTWRIGHT RANCH — gas, Royal Production Company, Inc., Live Oak County, 763 thousand reported
  • WHITSETT UNIT B — oil, Burlington Resources O & G Co LP, Live Oak County, 763 thousand reported
  • RISER FAMILY GAS UNIT — gas, Esenjay Exploration, Inc, Live Oak County, 757 thousand reported
  • SAN CHRISTOVAL RANCH UNIT A — gas, Marathon Oil Ef LLC, Live Oak County, 757 thousand reported
  • BLOCK 75 UNIT — gas, Sage Energy Company, Live Oak County, 755 thousand reported
  • SWIERC G. U. — gas, Texas Independent Explor., Inc., Live Oak County, 755 thousand reported
  • HOUDMANN, HENRY E. — gas, Amax Oil & Gas Inc., Live Oak County, 755 thousand reported
  • THREE SISTERS 01 — gas, Marathon Oil Ef LLC, Live Oak County, 755 thousand reported
  • CARTWRIGHT RANCH — gas, Royal Production Company, Inc., Live Oak County, 754 thousand reported
  • JERRY HOUSE UNIT A — oil, BHP Billiton Pet(Txla Op) Co, Live Oak County, 753 thousand reported
  • JACK MEEKS 01 — oil, Pioneer Natural Res. USA, Inc., Live Oak County, 752 thousand reported
  • WEST, CLAY — gas, Kebo Oil & Gas, Inc., Live Oak County, 751 thousand reported
  • PARKER — gas, Mcleod, George L. Inc., Live Oak County, 750 thousand reported
  • EL PASO NATURAL GAS — gas, Phillips Petroleum Company, Live Oak County, 747 thousand reported
  • SCHULZ 4H GAS UNIT — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 746 thousand reported
  • IDYLWOOD 02 — oil, Pioneer Natural Res. USA, Inc., Live Oak County, 745 thousand reported
  • GODFREY — gas, Kebo Oil & Gas, Inc., Live Oak County, 744 thousand reported
  • LOPEZ UNIT — gas, Verdun Oil & Gas LLC, Live Oak County, 743 thousand reported
  • SAN CHRISTOVAL RANCH UNIT A AC — gas, Marathon Oil Ef LLC, Live Oak County, 743 thousand reported
  • SAN CHRISTOVAL RANCH UNIT G — gas, Marathon Oil Ef LLC, Live Oak County, 742 thousand reported
  • F. MALEK UNIT E — oil, Burlington Resources O & G Co LP, Live Oak County, 740 thousand reported
  • MEIDER SU ET AL GAS UNIT — gas, Milagro Exploration, LLC, Live Oak County, 738 thousand reported
  • GUAJILLO UNIT 10 NORTH — oil, Marathon Oil Ef LLC, Live Oak County, 737 thousand reported
  • COLVIN UNIT A — gas, Burlington Resources O & G Co LP, Live Oak County, 736 thousand reported
  • MARTIN — gas, Hollimon Oil Corporation, Live Oak County, 736 thousand reported
  • SAN CHRISTOVAL RANCH UNIT F — gas, Marathon Oil Ef LLC, Live Oak County, 732 thousand reported
  • H. T. CHAPMAN 01 — oil, Pioneer Natural Res. USA, Inc., Live Oak County, 731 thousand reported
  • SINOR RANCH GAS UNIT — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 731 thousand reported
  • CARTWRIGHT RANCH — gas, Royal Production Company, Inc., Live Oak County, 726 thousand reported
  • THREE SISTERS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 725 thousand reported
  • JO ANN ESSE UNIT G — oil, Burlington Resources O & G Co LP, Live Oak County, 724 thousand reported
  • PATTESON, JESSE W. ESTATE — gas, Sanchez-O'Brien Oil & Gas Corp., Live Oak County, 718 thousand reported
  • THREE SISTERS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 713 thousand reported
  • OAKVILLE-HINTON G.U. — gas, Newfield Exploration Company, Live Oak County, 713 thousand reported
  • MCNEIL — gas, Transtexas Gas Corporation, Live Oak County, 712 thousand reported
  • LENNOX, EMMA B. -A- — gas, Marwell Petroleum, Inc., Live Oak County, 711 thousand reported
  • MCCLELLAND — gas, Bridge Oil Production Co., Inc., Live Oak County, 708 thousand reported
  • SAN CHRISTOVAL RANCH UNIT A — gas, Marathon Oil Ef LLC, Live Oak County, 707 thousand reported
  • LIVINGSTON GAS UNIT — gas, Burlington Resources O & G Co LP, Live Oak County, 706 thousand reported
  • SWIERC G. U. — gas, Texas Independent Explor., Inc., Live Oak County, 704 thousand reported
  • F. MALEK UNIT D — gas, Burlington Resources O & G Co LP, Live Oak County, 703 thousand reported
  • THREE SISTERS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 697 thousand reported
  • LIVINGSTON GAS UNIT — gas, Burlington Resources O & G Co LP, Live Oak County, 697 thousand reported
  • MCCOY UNIT A — gas, Marathon Oil Ef LLC, Live Oak County, 696 thousand reported
  • LYNE, T. J. — gas, Arco Oil & Gas Co., Live Oak County, 696 thousand reported
  • HAUGLUM — gas, Verdun Oil & Gas LLC, Live Oak County, 696 thousand reported
  • JERRY HOUSE UNIT A — gas, Verdun Oil & Gas LLC, Live Oak County, 692 thousand reported
  • P. PERKINS GAS UNIT — gas, Nomeco Oil & Gas Co., Live Oak County, 690 thousand reported
  • DUTY GAS UNIT — gas, Amoco Production Company, Live Oak County, 688 thousand reported
  • MATULA, ROBERT E. — gas, Freeman, James C., Live Oak County, 687 thousand reported
  • EAST MAXINE UNIT 1 — gas, Cannan, Morris, Live Oak County, 687 thousand reported
  • SOLIZ UNIT A — gas, Verdun Oil & Gas LLC, Live Oak County, 686 thousand reported
  • WHEELER-PAWLIK GAS UNIT — gas, Bexco Operating, Inc., Live Oak County, 685 thousand reported
  • CLARK GAS UNIT "B" — gas, Parker & Parsley Producing L.P., Live Oak County, 684 thousand reported
  • SCHULZ FAMILY 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 683 thousand reported
  • WHITSETT UNIT A — oil, Burlington Resources O & G Co LP, Live Oak County, 683 thousand reported
  • MEIDER — gas, Hanson Production Company, Live Oak County, 682 thousand reported
  • IVAS SMITH 02 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 681 thousand reported
  • 1893 OIL & GAS, LTD. UNIT B — gas, Burlington Resources O & G Co LP, Live Oak County, 679 thousand reported
  • KARON UNIT — gas, Amoco Production Company, Live Oak County, 677 thousand reported
  • BODDEN FROST GAS UNIT 1 — gas, Sanchez-O'Brien Oil & Gas Corp., Live Oak County, 675 thousand reported
  • MCCLELLAND "C" — gas, Bridge Oil Production Co., Inc., Live Oak County, 675 thousand reported
  • NORRELL, ANTHONY W., ET UX — gas, Energy Development Corp., Live Oak County, 675 thousand reported
  • THREE SISTERS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 674 thousand reported
  • CARTWRIGHT RANCH — gas, Royal Production Company, Inc., Live Oak County, 673 thousand reported
  • LASCA BUTLER SEARCY TRUST — gas, Burlington Resources O & G Co LP, Live Oak County, 672 thousand reported
  • LIVE OAK PARTNERS 02 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 670 thousand reported
  • OLSON-BAKER UNIT — gas, Burlington Resources O & G Co LP, Live Oak County, 668 thousand reported
  • GUAJILLO UNIT 12 SOUTH — oil, Marathon Oil Ef LLC, Live Oak County, 665 thousand reported
  • BAKER TRUST — gas, Rutherford Oil Corporation, Live Oak County, 664 thousand reported
  • DERROUGH LYNNE GAS UNIT — gas, Kebo Oil & Gas, Inc., Live Oak County, 664 thousand reported
  • GOEBEL GAS UNIT — gas, B D Production Co., Inc., Live Oak County, 662 thousand reported
  • MCNEIL — gas, Transtexas Gas Corporation, Live Oak County, 661 thousand reported
  • F MALEK UNIT B — oil, Burlington Resources O & G Co LP, Live Oak County, 659 thousand reported
  • HAUGLUM D — gas, Verdun Oil & Gas LLC, Live Oak County, 657 thousand reported
  • SAN CHRISTOVAL RANCH UNIT F — gas, Marathon Oil Ef LLC, Live Oak County, 657 thousand reported
  • PAWLIK GODFREY GAS UNIT NO. 2 — gas, Kebo Oil & Gas, Inc., Live Oak County, 654 thousand reported
  • USA — gas, Abaco Operating, LLC, Live Oak County, 653 thousand reported
  • JERRY HOUSE UNIT B — gas, BHP Billiton Pet(Txla Op) Co, Live Oak County, 651 thousand reported
  • HAUGLUM B — gas, Verdun Oil & Gas LLC, Live Oak County, 646 thousand reported
  • EL PASO NATURAL GAS — gas, Phillips Petroleum Company, Live Oak County, 645 thousand reported
  • ESKEW WEST UNIT — gas, Burlington Resources O & G Co LP, Live Oak County, 644 thousand reported
  • IVAS SMITH 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 643 thousand reported
  • SAN CHRISTOVAL RANCH UNIT G — gas, Marathon Oil Ef LLC, Live Oak County, 637 thousand reported
  • COBB DOT — gas, Hanson Production Company, Live Oak County, 634 thousand reported
  • MCCLELLAND, J. W. — gas, Samson Hydrocarbons Company, Live Oak County, 633 thousand reported
  • SAN CHRISTOVAL RANCH UNIT A AC — gas, Marathon Oil Ef LLC, Live Oak County, 632 thousand reported
  • JO ANN ESSE UNIT D — oil, Burlington Resources O & G Co LP, Live Oak County, 631 thousand reported
  • PLOMERO RANCH — gas, Burlington Resources O & G Co LP, Live Oak County, 631 thousand reported
  • HAUGLUM D — gas, Verdun Oil & Gas LLC, Live Oak County, 631 thousand reported
  • STANLEY PAWLIK GAS UNIT — gas, Grace Petroleum Corp., Live Oak County, 627 thousand reported
  • LENNOX — gas, Kebo Oil & Gas, Inc., Live Oak County, 625 thousand reported
  • NELSON, C. S. — gas, Samson Lone Star LP, Live Oak County, 624 thousand reported
  • BODDEN — gas, Kebo Oil & Gas, Inc., Live Oak County, 623 thousand reported
  • JOHANNES UNIT B — oil, Burlington Resources O & G Co LP, Live Oak County, 622 thousand reported
  • LIVINGSTON GAS UNIT — gas, Burlington Resources O & G Co LP, Live Oak County, 621 thousand reported
  • SAN CHRISTOVAL RANCH UNIT F — gas, Marathon Oil Ef LLC, Live Oak County, 618 thousand reported
  • SPARKMAN, R. L. — gas, Midpar L.P., Live Oak County, 616 thousand reported
  • RETZLOFF-CHAPMAN UNIT — oil, Marathon Oil Ef LLC, Live Oak County, 614 thousand reported
  • PEEBLES — gas, Grace Petroleum Corp., Live Oak County, 613 thousand reported
  • SINOR RANCH C — oil, Pioneer Natural Res. USA, Inc., Live Oak County, 607 thousand reported
  • LYNE GAS UNIT "A" — gas, Forney Oil Corporation, Live Oak County, 606 thousand reported
  • SAN CHRISTOVAL RANCH UNIT A AC — gas, Marathon Oil Ef LLC, Live Oak County, 604 thousand reported
  • MARY ALICE JONES — gas, Choice Exploration, Inc., Live Oak County, 604 thousand reported
  • ROY ESSE 01 — oil, Sea Eagle Ford, LLC, Live Oak County, 602 thousand reported
  • HARRIS, PEARL -A- — gas, Simray Oil & Gas, Inc., Live Oak County, 600 thousand reported
  • JERRY HOUSE UNIT A — gas, Verdun Oil & Gas LLC, Live Oak County, 593 thousand reported
  • HAUGLUM — gas, Verdun Oil & Gas LLC, Live Oak County, 591 thousand reported
  • WEST, GEORGE ESTATE — gas, Teton Petroleum Corporation, Live Oak County, 587 thousand reported
  • BREWER UNIT A — oil, Burlington Resources O & G Co LP, Live Oak County, 587 thousand reported
  • MASSEY BALDWIN — oil, Marathon Oil Ef LLC, Live Oak County, 586 thousand reported
  • HAUGLUM — gas, Verdun Oil & Gas LLC, Live Oak County, 583 thousand reported
  • F. MALEK UNIT J — oil, Burlington Resources O & G Co LP, Live Oak County, 582 thousand reported
  • MATULA, ROBERT — gas, Freeman, James C., Live Oak County, 581 thousand reported
  • HAUGLUM — gas, BHP Billiton Pet(Txla Op) Co, Live Oak County, 577 thousand reported
  • POGUE UNIT A BE G — gas, Burlington Resources O & G Co LP, Live Oak County, 575 thousand reported
  • RYAN, NOLAN — gas, Aurora Resources Corporation, Live Oak County, 575 thousand reported
  • HAMILTON — gas, Marathon Oil Ef LLC, Live Oak County, 574 thousand reported
  • DILWORTH GAS UNIT — gas, Bridge Oil Production Co., Inc., Live Oak County, 573 thousand reported
  • NICHOLS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 571 thousand reported
  • SPARKMAN — gas, Vastar Resources, Inc., Live Oak County, 571 thousand reported
  • HOLM-STATE GAS UNIT #1 — gas, Hunter Petroleum Inc., Live Oak County, 571 thousand reported
  • J. W. MCCLELLAND G. U. #2 — gas, Awp Operating Company, Live Oak County, 569 thousand reported
  • HAUGLUM C — gas, Verdun Oil & Gas LLC, Live Oak County, 569 thousand reported
  • HAUGLUM — gas, Verdun Oil & Gas LLC, Live Oak County, 563 thousand reported
  • IDYLWOOD 01 — oil, Pioneer Natural Res. USA, Inc., Live Oak County, 560 thousand reported
  • HAUGLUM C — gas, Verdun Oil & Gas LLC, Live Oak County, 560 thousand reported
  • SCHREINER RANCH TRUST II — gas, Mccombs Energy, Ltd., Live Oak County, 559 thousand reported
  • HAUGLUM — gas, Verdun Oil & Gas LLC, Live Oak County, 557 thousand reported
  • CULLEN UNIT A — gas, Burlington Resources O & G Co LP, Live Oak County, 557 thousand reported
  • TULLIS — gas, Hurd Enterprises, Ltd., Live Oak County, 557 thousand reported
  • RYAN, NOLAN — gas, Aurora Resources Corporation, Live Oak County, 555 thousand reported
  • JO ANN ESSE UNIT H — oil, Burlington Resources O & G Co LP, Live Oak County, 551 thousand reported
  • PULLIN UNIT A — oil, Burlington Resources O & G Co LP, Live Oak County, 551 thousand reported
  • LYNE UNIT — gas, Kebo Oil & Gas, Inc., Live Oak County, 551 thousand reported
  • LYNE, T. J. — gas, C & E Operating, Inc., Live Oak County, 550 thousand reported
  • MCCLELLAND — gas, Parker & Parsley Producing L.P., Live Oak County, 549 thousand reported
  • COLLINS, M. L. — gas, Edge Petroleum Oper. Co., Inc., Live Oak County, 549 thousand reported
  • ESKEW NORTH UNIT — gas, Burlington Resources O & G Co LP, Live Oak County, 548 thousand reported
  • JOE MAHAN UNIT A — oil, Burlington Resources O & G Co LP, Live Oak County, 547 thousand reported
  • STRIDDE-SMITH GAS UNIT — gas, Kaler Energy Corp., Live Oak County, 547 thousand reported
  • BURNS — gas, Midpar L.P., Live Oak County, 547 thousand reported
  • BLOCK 76 UNIT — gas, Parker & Parsley Development Co., Live Oak County, 545 thousand reported
  • LIVINGSTON GAS UNIT — gas, Burlington Resources O & G Co LP, Live Oak County, 545 thousand reported
  • BLOCK 86 UNIT — gas, Calpine Natural Gas L.P., Live Oak County, 545 thousand reported
  • HINNANT HEIRS "A" — gas, Royal Production Company, Inc., Live Oak County, 544 thousand reported
  • JERRY HOUSE UNIT B — gas, Verdun Oil & Gas LLC, Live Oak County, 542 thousand reported
  • DON ROSS GAS UNIT — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 541 thousand reported
  • THREE SISTERS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 538 thousand reported
  • MELBA JO PARROTT UNIT A — oil, Burlington Resources O & G Co LP, Live Oak County, 537 thousand reported
  • LYNE UNIT — gas, Kebo Oil & Gas, Inc., Live Oak County, 535 thousand reported
  • JO ANN ESSE UNIT E — oil, Burlington Resources O & G Co LP, Live Oak County, 535 thousand reported
  • MEIDER GAS UNIT — gas, Hanson Production Company, Live Oak County, 533 thousand reported
  • GUAJILLO UNIT 11 SOUTH — oil, Marathon Oil Ef LLC, Live Oak County, 532 thousand reported
  • HAUGLUM — gas, Verdun Oil & Gas LLC, Live Oak County, 531 thousand reported
  • WEST, CLAY — gas, Tana Oil And Gas Corporation, Live Oak County, 530 thousand reported
  • SULLIVAN UNIT — gas, Tejones Operating Corporation, Live Oak County, 530 thousand reported
  • NORMAN ESSE UNIT B — oil, Burlington Resources O & G Co LP, Live Oak County, 528 thousand reported
  • SAN CHRISTOVAL RANCH UNIT C AC — gas, Marathon Oil Ef LLC, Live Oak County, 528 thousand reported
  • HAUGLUM B — gas, Verdun Oil & Gas LLC, Live Oak County, 524 thousand reported
  • MCCOY UNIT — oil, Marathon Oil Ef LLC, Live Oak County, 524 thousand reported
  • J. W. MCCLELLAND G. U. #2 — gas, Vintage Petroleum, Inc., Live Oak County, 523 thousand reported
  • GILLIGAN — gas, Choice Exploration, Inc., Live Oak County, 521 thousand reported
  • SMITH-EAST UNIT — oil, Marathon Oil Ef LLC, Live Oak County, 521 thousand reported
  • LARK -A- — oil, Indian Oil Ltd., Live Oak County, 520 thousand reported
  • BUCK UNIT — oil, Rosewood Resources, Inc., Live Oak County, 519 thousand reported
  • GODFREY NELSON GAS UNIT — gas, Kebo Oil & Gas, Inc., Live Oak County, 517 thousand reported
  • SMITH-PEDIGO GU — gas, Hurd Enterprises, Ltd., Live Oak County, 513 thousand reported
  • HINES — gas, Forney & Mccombs, Live Oak County, 513 thousand reported
  • REYNOLDS, MARY A. — gas, Lamay Corporation, Live Oak County, 512 thousand reported
  • SALYER A-926 — gas, Zenergy, Inc., Live Oak County, 511 thousand reported
  • WEST, CLAY — gas, Kebo Oil & Gas, Inc., Live Oak County, 510 thousand reported
  • MCNEILL, WADE "A" — gas, Double Play Oil & Gas, Inc, Live Oak County, 509 thousand reported
  • BENHAM, ERNA P. GU — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 508 thousand reported
  • PLOMERO UNIT E — oil, Burlington Resources O & G Co LP, Live Oak County, 506 thousand reported
  • GOMILLION UNIT B — oil, Burlington Resources O & G Co LP, Live Oak County, 501 thousand reported
  • HAUGLUM D — gas, Verdun Oil & Gas LLC, Live Oak County, 501 thousand reported
  • WEST, GEORGE ESTATE — gas, Teton Petroleum Corporation, Live Oak County, 499 thousand reported
  • SAN CHRISTOVAL RANCH UNIT A — gas, Marathon Oil Ef LLC, Live Oak County, 498 thousand reported
  • PEDIGO ETAL GU — gas, Hurd Enterprises, Ltd., Live Oak County, 496 thousand reported
  • HERRING RANCH 67 — gas, Acock Engineering & Assoc., Inc., Live Oak County, 494 thousand reported
  • BARSID UNIT A — oil, Burlington Resources O & G Co LP, Live Oak County, 492 thousand reported
  • HAMILTON — oil, Marathon Oil Ef LLC, Live Oak County, 491 thousand reported
  • KATHRYN KEATHLEY UNIT A — oil, Burlington Resources O & G Co LP, Live Oak County, 489 thousand reported
  • SCHREINER RANCH TRUST NO. 2 — gas, Forney Oil Corporation, Live Oak County, 489 thousand reported
  • HINES, E. A. — gas, Redstone Oil & Gas Company, Live Oak County, 486 thousand reported
  • PLOMERO UNIT D — oil, Burlington Resources O & G Co LP, Live Oak County, 484 thousand reported
  • LAIRD UNIT B — oil, Burlington Resources O & G Co LP, Live Oak County, 484 thousand reported
  • PRASEK 139 — gas, KCS Resources, Inc., Live Oak County, 482 thousand reported
  • THREE SISTERS 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 480 thousand reported
  • RISER — gas, Milagro Exploration, LLC, Live Oak County, 479 thousand reported
  • F. MALEK T-LAIRD B D — oil, Burlington Resources O & G Co LP, Live Oak County, 479 thousand reported
  • HARMAN, DONALD D. — gas, Mcrae Exploration & Prod., Inc., Live Oak County, 479 thousand reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.