LOVETT, H. E.
LOVETT, H. E. is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 5 wellbores on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 55,213 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 $3.3M, with roughly $1.1M 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 1,974 barrels a month, about 395 per wellbore. Its strongest month on the record we hold was May 2025, at 3,407 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 LOVETT, H. E.
- Who operates LOVETT, H. E.?
- LOVETT, H. E. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is LOVETT, H. E.?
- LOVETT, H. E. is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47126.
- Is LOVETT, H. E. still producing?
- LOVETT, H. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOVETT, H. E. is August 2026.
- How much has LOVETT, H. E. produced?
- LOVETT, H. E. has reported 55,213 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 5 wellbores.
- How much is LOVETT, H. E. worth?
- The remaining production from LOVETT, H. E. is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.7M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOVETT, H. E. is a fraction of it. The estimate fits an Arps decline curve to the production LOVETT, H. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOVETT, H. E. is an estimate of value, not an offer and not an appraisal.
- How much income does LOVETT, H. E. generate in a year?
- LOVETT, H. E. is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOVETT, H. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Keystone (Consolidated) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 47126 |
| Wellbores | 5 |
| Reported production | 55,213 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where LOVETT, H. E. 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.