LOVVORN 15
LOVVORN 15 is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by U.S. Energy Development Corp. It has 1 wellbore on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 22,335 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $9K, with roughly $2K expected over the next twelve months.
| Operator | U.S. Energy Development Corp |
|---|---|
| Field | Jones County Regular |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 31990 |
| Wellbores | 1 |
| Reported production | 22,335 bbl |
| First reported | June 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $9K |
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.