ROY
ROY is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by SM Energy Company. It has 10 wellbores on file with the Commission. Reported production runs from February 2010 to August 2026, totalling 1,262,793 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 $3.9M, with roughly $1.2M 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 1,870 barrels a month, about 187 per wellbore. Its strongest month on the record we hold was May 2016, at 9,066 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 ROY
- Who operates ROY?
- ROY is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is ROY?
- ROY is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69534.
- Is ROY still producing?
- ROY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROY is August 2026.
- How much has ROY produced?
- ROY has reported 1,262,793 barrels of oil (bbl) to the Railroad Commission of Texas between February 2010 and August 2026, from 10 wellbores.
- How much is ROY worth?
- The remaining production from ROY is estimated to be worth about $3.9M in total as of 27 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROY is a fraction of it. The estimate fits an Arps decline curve to the production ROY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROY is an estimate of value, not an offer and not an appraisal.
- How much income does ROY generate in a year?
- ROY is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Peg'S Draw (Mississippian) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69534 |
| Wellbores | 10 |
| Reported production | 1,262,793 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where ROY 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.