LEONA LUECKE UNIT
LEONA LUECKE UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Venado Oil & Gas, LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 533,808 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 $8.6M, with roughly $3.0M 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 6,115 barrels a month, about 3,057 per wellbore. Its strongest month on the record we hold was July 2024, at 25,772 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 LEONA LUECKE UNIT
- Who operates LEONA LUECKE UNIT?
- LEONA LUECKE UNIT is operated by Venado Oil & Gas, LLC, Railroad Commission of Texas operator number 884501.
- Where is LEONA LUECKE UNIT?
- LEONA LUECKE UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26450.
- Is LEONA LUECKE UNIT still producing?
- LEONA LUECKE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEONA LUECKE UNIT is August 2026.
- How much has LEONA LUECKE UNIT produced?
- LEONA LUECKE UNIT has reported 533,808 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 2 wellbores.
- How much is LEONA LUECKE UNIT worth?
- The remaining production from LEONA LUECKE UNIT is estimated to be worth about $8.6M in total as of 27 August 2026, within a range of $7.1M to $10.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEONA LUECKE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEONA LUECKE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEONA LUECKE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEONA LUECKE UNIT generate in a year?
- LEONA LUECKE UNIT is forecast to net about $3.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEONA LUECKE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Venado Oil & Gas, LLC |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 26450 |
| Wellbores | 2 |
| Reported production | 533,808 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.6M |
Where LEONA LUECKE UNIT 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.