LOIS
LOIS is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by United Oil & Minerals, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 196,000 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 $1.1M, with roughly $347K 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 442 barrels a month, about 221 per wellbore. Its strongest month on the record we hold was July 2018, at 864 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LOIS
- Who operates LOIS?
- LOIS is operated by United Oil & Minerals, Inc., Railroad Commission of Texas operator number 877350.
- Where is LOIS?
- LOIS is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 20710.
- Is LOIS still producing?
- LOIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOIS is August 2026.
- How much has LOIS produced?
- LOIS has reported 196,000 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LOIS worth?
- The remaining production from LOIS is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $844K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOIS is a fraction of it. The estimate fits an Arps decline curve to the production LOIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOIS is an estimate of value, not an offer and not an appraisal.
- How much income does LOIS generate in a year?
- LOIS is forecast to net about $347K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | United Oil & Minerals, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 20710 |
| Wellbores | 2 |
| Reported production | 196,000 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where LOIS 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.