PAYNE, AVERY
PAYNE, AVERY is a Texas oil lease in Motley County, Railroad Commission district 8A, operated by Rogers, S. K. Oil, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,370 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 $116K, with roughly $22K 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 29 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was January 2017, at 57 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PAYNE, AVERY
- Who operates PAYNE, AVERY?
- PAYNE, AVERY is operated by Rogers, S. K. Oil, Inc., Railroad Commission of Texas operator number 725013.
- Where is PAYNE, AVERY?
- PAYNE, AVERY is a Texas oil lease in Motley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 11867.
- Is PAYNE, AVERY still producing?
- PAYNE, AVERY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAYNE, AVERY is August 2026.
- How much has PAYNE, AVERY produced?
- PAYNE, AVERY has reported 24,370 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PAYNE, AVERY worth?
- The remaining production from PAYNE, AVERY is estimated to be worth about $116K in total as of 27 August 2026, within a range of $64K to $169K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAYNE, AVERY is a fraction of it. The estimate fits an Arps decline curve to the production PAYNE, AVERY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAYNE, AVERY is an estimate of value, not an offer and not an appraisal.
- How much income does PAYNE, AVERY generate in a year?
- PAYNE, AVERY is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAYNE, AVERY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rogers, S. K. Oil, Inc. |
|---|---|
| Field | Roaring Springs (Permo-Penn) |
| County | Motley County, Texas |
| RRC district | 8A |
| Lease number | 11867 |
| Wellbores | 2 |
| Reported production | 24,370 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $116K |
Where PAYNE, AVERY 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.