LESTER, T.E.
LESTER, T.E. is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Dominion Minerals Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 49,339 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 $225K, with roughly $43K 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 62 barrels a month. Its strongest month on the record we hold was December 2023, at 475 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 LESTER, T.E.
- Who operates LESTER, T.E.?
- LESTER, T.E. is operated by Dominion Minerals Corporation, Railroad Commission of Texas operator number 222242.
- Where is LESTER, T.E.?
- LESTER, T.E. is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 13418.
- Is LESTER, T.E. still producing?
- LESTER, T.E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LESTER, T.E. is August 2026.
- How much has LESTER, T.E. produced?
- LESTER, T.E. has reported 49,339 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LESTER, T.E. worth?
- The remaining production from LESTER, T.E. is estimated to be worth about $225K in total as of 27 August 2026, within a range of $124K to $327K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LESTER, T.E. is a fraction of it. The estimate fits an Arps decline curve to the production LESTER, T.E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LESTER, T.E. is an estimate of value, not an offer and not an appraisal.
- How much income does LESTER, T.E. generate in a year?
- LESTER, T.E. is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LESTER, T.E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dominion Minerals Corporation |
|---|---|
| Field | Pilgrim (Austin Chalk) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 13418 |
| Wellbores | 1 |
| Reported production | 49,339 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where LESTER, T.E. 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.