SOUTHLAND "A"
SOUTHLAND "A" is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Legacy Reserves Operating LP. It has 2 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 30,718 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 $421K, with roughly $81K 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 139 barrels a month, about 69 per wellbore. Its strongest month on the record we hold was September 2025, at 430 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 SOUTHLAND "A"
- Who operates SOUTHLAND "A"?
- SOUTHLAND "A" is operated by Legacy Reserves Operating LP, Railroad Commission of Texas operator number 495445.
- Where is SOUTHLAND "A"?
- SOUTHLAND "A" is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41672.
- Is SOUTHLAND "A" still producing?
- SOUTHLAND "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTHLAND "A" is August 2026.
- How much has SOUTHLAND "A" produced?
- SOUTHLAND "A" has reported 30,718 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 2 wellbores.
- How much is SOUTHLAND "A" worth?
- The remaining production from SOUTHLAND "A" is estimated to be worth about $421K in total as of 27 August 2026, within a range of $328K to $513K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTHLAND "A" is a fraction of it. The estimate fits an Arps decline curve to the production SOUTHLAND "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTHLAND "A" is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTHLAND "A" generate in a year?
- SOUTHLAND "A" is forecast to net about $81K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTHLAND "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Legacy Reserves Operating LP |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41672 |
| Wellbores | 2 |
| Reported production | 30,718 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $421K |
Where SOUTHLAND "A" 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.