LEON FARMS
LEON FARMS is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 23,427 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 $723K, with roughly $138K 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 171 barrels a month. Its strongest month on the record we hold was March 2025, at 318 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LEON FARMS
- Who operates LEON FARMS?
- LEON FARMS is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is LEON FARMS?
- LEON FARMS is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38903.
- Is LEON FARMS still producing?
- LEON FARMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEON FARMS is August 2026.
- How much has LEON FARMS produced?
- LEON FARMS has reported 23,427 barrels of oil (bbl) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is LEON FARMS worth?
- The remaining production from LEON FARMS is estimated to be worth about $723K in total as of 26 August 2026, within a range of $564K to $882K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEON FARMS is a fraction of it. The estimate fits an Arps decline curve to the production LEON FARMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEON FARMS is an estimate of value, not an offer and not an appraisal.
- How much income does LEON FARMS generate in a year?
- LEON FARMS is forecast to net about $138K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEON FARMS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Fort Stockton |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 38903 |
| Wellbores | 1 |
| Reported production | 23,427 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $723K |
Where LEON FARMS 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.