PAGE

PAGE is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Discovery Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,603 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 $91K, with roughly $16K 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 29 barrels a month. Its strongest month on the record we hold was March 2021, at 95 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 PAGE

Who operates PAGE?
PAGE is operated by Discovery Operating, Inc., Railroad Commission of Texas operator number 220865.
Where is PAGE?
PAGE is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 08959.
Is PAGE still producing?
PAGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAGE is August 2026.
How much has PAGE produced?
PAGE has reported 34,603 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is PAGE worth?
The remaining production from PAGE is estimated to be worth about $91K in total as of 26 August 2026, within a range of $50K to $132K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAGE is a fraction of it. The estimate fits an Arps decline curve to the production PAGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAGE is an estimate of value, not an offer and not an appraisal.
How much income does PAGE generate in a year?
PAGE is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAGE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PAGE as filed with the Railroad Commission of Texas
OperatorDiscovery Operating, Inc.
FieldPage, West (Canyon)
CountySchleicher County, Texas
RRC district7C
Lease number08959
Wellbores1
Reported production34,603 bbl
First reported
Last reported
Estimated royalty value$91K

Where PAGE 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.