LAKE DEVERNIA
LAKE DEVERNIA is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Texaco E & P Inc. It has 54 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,325,659 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 $3.6M, with roughly $1.2M 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 1,810 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was October 2023, at 2,734 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 LAKE DEVERNIA
- Who operates LAKE DEVERNIA?
- LAKE DEVERNIA is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is LAKE DEVERNIA?
- LAKE DEVERNIA is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08366.
- Is LAKE DEVERNIA still producing?
- LAKE DEVERNIA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAKE DEVERNIA is August 2026.
- How much has LAKE DEVERNIA produced?
- LAKE DEVERNIA has reported 2,325,659 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 54 wellbores.
- How much is LAKE DEVERNIA worth?
- The remaining production from LAKE DEVERNIA is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $3.0M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAKE DEVERNIA is a fraction of it. The estimate fits an Arps decline curve to the production LAKE DEVERNIA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAKE DEVERNIA is an estimate of value, not an offer and not an appraisal.
- How much income does LAKE DEVERNIA generate in a year?
- LAKE DEVERNIA is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAKE DEVERNIA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08366 |
| Wellbores | 54 |
| Reported production | 2,325,659 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where LAKE DEVERNIA 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.