STANDARD OF TEXAS TXL
STANDARD OF TEXAS TXL is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by SRS Operating. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 17,105 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 $86K, 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 22 barrels a month. Its strongest month on the record we hold was July 2025, at 65 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 STANDARD OF TEXAS TXL
- Who operates STANDARD OF TEXAS TXL?
- STANDARD OF TEXAS TXL is operated by SRS Operating, Railroad Commission of Texas operator number 810822.
- Where is STANDARD OF TEXAS TXL?
- STANDARD OF TEXAS TXL is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 15381.
- Is STANDARD OF TEXAS TXL still producing?
- STANDARD OF TEXAS TXL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STANDARD OF TEXAS TXL is August 2026.
- How much has STANDARD OF TEXAS TXL produced?
- STANDARD OF TEXAS TXL has reported 17,105 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STANDARD OF TEXAS TXL worth?
- The remaining production from STANDARD OF TEXAS TXL is estimated to be worth about $86K in total as of 27 August 2026, within a range of $47K to $124K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STANDARD OF TEXAS TXL is a fraction of it. The estimate fits an Arps decline curve to the production STANDARD OF TEXAS TXL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STANDARD OF TEXAS TXL is an estimate of value, not an offer and not an appraisal.
- How much income does STANDARD OF TEXAS TXL generate in a year?
- STANDARD OF TEXAS TXL is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STANDARD OF TEXAS TXL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SRS Operating |
|---|---|
| Field | Sabre (Delaware) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 15381 |
| Wellbores | 1 |
| Reported production | 17,105 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $86K |
Where STANDARD OF TEXAS TXL 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.