LINCECUM
LINCECUM is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Gemini Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from April 1995 to August 2026, totalling 182,881 barrels. The lease is intermittent. 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 $23K, with roughly $4K 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 1 barrels a month. Its strongest month on the record we hold was July 2022, at 635 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LINCECUM
- Who operates LINCECUM?
- LINCECUM is operated by Gemini Exploration Company, Railroad Commission of Texas operator number 298891.
- Where is LINCECUM?
- LINCECUM is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22743.
- Is LINCECUM still producing?
- LINCECUM is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LINCECUM is August 2026.
- How much has LINCECUM produced?
- LINCECUM has reported 182,881 barrels of oil (bbl) to the Railroad Commission of Texas between April 1995 and August 2026, from 1 wellbore.
- How much is LINCECUM worth?
- The remaining production from LINCECUM is estimated to be worth about $23K in total as of 26 August 2026, within a range of $0 to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LINCECUM is a fraction of it. The estimate fits an Arps decline curve to the production LINCECUM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LINCECUM is an estimate of value, not an offer and not an appraisal.
- How much income does LINCECUM generate in a year?
- LINCECUM is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LINCECUM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gemini Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22743 |
| Wellbores | 1 |
| Reported production | 182,881 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where LINCECUM 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.