LONE OAK GROCERY
LONE OAK GROCERY is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Carrizo Oil & Gas, Inc. It has 4 wellbores on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 675,467 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 $8.0M, with roughly $2.4M 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 3,808 barrels a month, about 952 per wellbore. Its strongest month on the record we hold was March 2023, at 60,372 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LONE OAK GROCERY
- Who operates LONE OAK GROCERY?
- LONE OAK GROCERY is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is LONE OAK GROCERY?
- LONE OAK GROCERY is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15989.
- Is LONE OAK GROCERY still producing?
- LONE OAK GROCERY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONE OAK GROCERY is August 2026.
- How much has LONE OAK GROCERY produced?
- LONE OAK GROCERY has reported 675,467 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 4 wellbores.
- How much is LONE OAK GROCERY worth?
- The remaining production from LONE OAK GROCERY is estimated to be worth about $8.0M in total as of 26 August 2026, within a range of $6.7M to $9.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONE OAK GROCERY is a fraction of it. The estimate fits an Arps decline curve to the production LONE OAK GROCERY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONE OAK GROCERY is an estimate of value, not an offer and not an appraisal.
- How much income does LONE OAK GROCERY generate in a year?
- LONE OAK GROCERY is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONE OAK GROCERY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 15989 |
| Wellbores | 4 |
| Reported production | 675,467 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.0M |
Where LONE OAK GROCERY 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.