EARLY 592-591 UNIT 1
EARLY 592-591 UNIT 1 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 12 wellbores on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 3,980,571 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 $59.0M, with roughly $16.2M 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 21,713 barrels a month, about 1,809 per wellbore. Its strongest month on the record we hold was January 2022, at 316,890 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 EARLY 592-591 UNIT 1
- Who operates EARLY 592-591 UNIT 1?
- EARLY 592-591 UNIT 1 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is EARLY 592-591 UNIT 1?
- EARLY 592-591 UNIT 1 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56312.
- Is EARLY 592-591 UNIT 1 still producing?
- EARLY 592-591 UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EARLY 592-591 UNIT 1 is August 2026.
- How much has EARLY 592-591 UNIT 1 produced?
- EARLY 592-591 UNIT 1 has reported 3,980,571 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 12 wellbores.
- How much is EARLY 592-591 UNIT 1 worth?
- The remaining production from EARLY 592-591 UNIT 1 is estimated to be worth about $59.0M in total as of 27 August 2026, within a range of $48.4M to $69.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EARLY 592-591 UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production EARLY 592-591 UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EARLY 592-591 UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does EARLY 592-591 UNIT 1 generate in a year?
- EARLY 592-591 UNIT 1 is forecast to net about $16.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EARLY 592-591 UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 56312 |
| Wellbores | 12 |
| Reported production | 3,980,571 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $59.0M |
Where EARLY 592-591 UNIT 1 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.