LESSOR
LESSOR is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Cox & Perkins Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 68,039 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $234K, with roughly $45K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 65 barrels a month. Its strongest month on the record we hold was July 2021, at 2,596 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LESSOR
- Who operates LESSOR?
- LESSOR is operated by Cox & Perkins Exploration, Inc., Railroad Commission of Texas operator number 183345.
- Where is LESSOR?
- LESSOR is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 12991.
- Is LESSOR still producing?
- LESSOR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LESSOR is August 2026.
- How much has LESSOR produced?
- LESSOR has reported 68,039 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LESSOR worth?
- The remaining production from LESSOR is estimated to be worth about $234K in total as of 27 August 2026, within a range of $129K to $340K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LESSOR is a fraction of it. The estimate fits an Arps decline curve to the production LESSOR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LESSOR is an estimate of value, not an offer and not an appraisal.
- How much income does LESSOR generate in a year?
- LESSOR is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LESSOR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cox & Perkins Exploration, Inc. |
|---|---|
| Field | First Shot (Austin Chalk) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 12991 |
| Wellbores | 1 |
| Reported production | 68,039 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $234K |
Where LESSOR sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.