LONGLEY, GUY
LONGLEY, GUY is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Phillips Petroleum Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 55,868 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 $372K, with roughly $72K 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 73 barrels a month, about 37 per wellbore. Its strongest month on the record we hold was March 2019, at 195 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 LONGLEY, GUY
- Who operates LONGLEY, GUY?
- LONGLEY, GUY is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is LONGLEY, GUY?
- LONGLEY, GUY is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 11182.
- Is LONGLEY, GUY still producing?
- LONGLEY, GUY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONGLEY, GUY is August 2026.
- How much has LONGLEY, GUY produced?
- LONGLEY, GUY has reported 55,868 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LONGLEY, GUY worth?
- The remaining production from LONGLEY, GUY is estimated to be worth about $372K in total as of 26 August 2026, within a range of $205K to $540K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONGLEY, GUY is a fraction of it. The estimate fits an Arps decline curve to the production LONGLEY, GUY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONGLEY, GUY is an estimate of value, not an offer and not an appraisal.
- How much income does LONGLEY, GUY generate in a year?
- LONGLEY, GUY is forecast to net about $72K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONGLEY, GUY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Chapel Hill, Ne. (Travis Peak) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 11182 |
| Wellbores | 2 |
| Reported production | 55,868 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $372K |
Where LONGLEY, GUY 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.