DESON

DESON is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,893 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $511 expected over the next twelve months.

OperatorPhillips Petroleum Company
FieldPanhandle Wheeler County Field
CountyWheeler County, Texas
RRC district10
Lease number01438
Wellbores9
Reported production51,893 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$3K

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.