LAVACA -38-
LAVACA -38- is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 7 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 305,935 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 $2.7M, with roughly $467K 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 275 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was May 2016, at 2,232 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 LAVACA -38-
- Who operates LAVACA -38-?
- LAVACA -38- is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is LAVACA -38-?
- LAVACA -38- is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41931.
- Is LAVACA -38- still producing?
- LAVACA -38- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAVACA -38- is August 2026.
- How much has LAVACA -38- produced?
- LAVACA -38- has reported 305,935 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 7 wellbores.
- How much is LAVACA -38- worth?
- The remaining production from LAVACA -38- is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.1M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAVACA -38- is a fraction of it. The estimate fits an Arps decline curve to the production LAVACA -38- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAVACA -38- is an estimate of value, not an offer and not an appraisal.
- How much income does LAVACA -38- generate in a year?
- LAVACA -38- is forecast to net about $467K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAVACA -38- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 41931 |
| Wellbores | 7 |
| Reported production | 305,935 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where LAVACA -38- 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.