VERONICA
VERONICA is a Texas oil lease in Terrell County, Railroad Commission district 7C, operated by Henry Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 15,543 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 $336K, with roughly $58K 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 49 barrels a month. Its strongest month on the record we hold was August 2019, at 436 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 VERONICA
- Who operates VERONICA?
- VERONICA is operated by Henry Resources LLC, Railroad Commission of Texas operator number 378535.
- Where is VERONICA?
- VERONICA is a Texas oil lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18880.
- Is VERONICA still producing?
- VERONICA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VERONICA is August 2026.
- How much has VERONICA produced?
- VERONICA has reported 15,543 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is VERONICA worth?
- The remaining production from VERONICA is estimated to be worth about $336K in total as of 26 August 2026, within a range of $185K to $487K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VERONICA is a fraction of it. The estimate fits an Arps decline curve to the production VERONICA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VERONICA is an estimate of value, not an offer and not an appraisal.
- How much income does VERONICA generate in a year?
- VERONICA is forecast to net about $58K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VERONICA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Resources LLC |
|---|---|
| Field | Little Mesa (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 18880 |
| Wellbores | 1 |
| Reported production | 15,543 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $336K |
Where VERONICA 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.