Oil and gas leases in L & R Petroleum

L & R Petroleum is a Texas operator, Commission number 480216, with 8 leases reporting production across 5 counties. 1 of them are oil leases and 7 are gas leases. Between them they carry 9 wellbores. Reported volumes run from January 1993 to May 2021 and come to 63 thousand barrels of oil and 1.9 million Mcf of gas. 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 L & R Petroleum

How many oil and gas leases are in L & R Petroleum?
L & R Petroleum has 8 oil and gas leases with production reported to the Railroad Commission of Texas, as of May 2021.
How much oil and gas has L & R Petroleum produced?
Leases in L & R Petroleum have reported 62,739 barrels of oil (bbl) and 1,927,379 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and May 2021.
How much are mineral rights in L & R Petroleum worth?
There is no single figure: what a mineral or royalty interest in L & R Petroleum is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 8 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.

Counties here

Railroad Commission districts

Leases

  • WALSH ESTATE — gas, L & R Petroleum, Madison County, 1.8 million reported
  • WIENER ESTATE ET AL — gas, L & R Petroleum, Panola County, 85 thousand reported
  • FLOERKE — oil, L & R Petroleum, San Patricio County, 63 thousand reported
  • SCHMITT GAS UNIT — gas, L & R Petroleum, Marion County, 34 thousand reported
  • CORRIE — gas, L & R Petroleum, Madison County, 17 thousand reported
  • BAKER, W.L. — gas, L & R Petroleum, Madison County, 17 thousand reported
  • MARTINDALE, O.P. "A" — gas, L & R Petroleum, Panola County, 14 thousand reported
  • BLUMBERG, JANE W. NO. 1 — gas, L & R Petroleum, Smith County, 3 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.