DPV 78
DPV 78 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Nearburg Producing Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 39,393 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 $435K, 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 104 barrels a month. Its strongest month on the record we hold was March 2018, at 884 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 DPV 78
- Who operates DPV 78?
- DPV 78 is operated by Nearburg Producing Company, Railroad Commission of Texas operator number 601738.
- Where is DPV 78?
- DPV 78 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42954.
- Is DPV 78 still producing?
- DPV 78 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DPV 78 is August 2026.
- How much has DPV 78 produced?
- DPV 78 has reported 39,393 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is DPV 78 worth?
- The remaining production from DPV 78 is estimated to be worth about $435K in total as of 26 August 2026, within a range of $339K to $531K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DPV 78 is a fraction of it. The estimate fits an Arps decline curve to the production DPV 78 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DPV 78 is an estimate of value, not an offer and not an appraisal.
- How much income does DPV 78 generate in a year?
- DPV 78 is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DPV 78 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nearburg Producing Company |
|---|---|
| Field | Peak Victor (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 42954 |
| Wellbores | 1 |
| Reported production | 39,393 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $435K |
Where DPV 78 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.