LENOX 2
LENOX 2 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 11 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 1,859,404 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 $10.7M, with roughly $2.6M 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 3,467 barrels a month, about 315 per wellbore. Its strongest month on the record we hold was May 2016, at 70,267 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LENOX 2
- Who operates LENOX 2?
- LENOX 2 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is LENOX 2?
- LENOX 2 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43519.
- Is LENOX 2 still producing?
- LENOX 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LENOX 2 is August 2026.
- How much has LENOX 2 produced?
- LENOX 2 has reported 1,859,404 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 11 wellbores.
- How much is LENOX 2 worth?
- The remaining production from LENOX 2 is estimated to be worth about $10.7M in total as of 26 August 2026, within a range of $8.9M to $12.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LENOX 2 is a fraction of it. The estimate fits an Arps decline curve to the production LENOX 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LENOX 2 is an estimate of value, not an offer and not an appraisal.
- How much income does LENOX 2 generate in a year?
- LENOX 2 is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LENOX 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 43519 |
| Wellbores | 11 |
| Reported production | 1,859,404 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.7M |
Where LENOX 2 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.