IVERSON
IVERSON is a Texas oil lease in Andrews County, Railroad Commission district 8A, operated by Seaboard Operating Co. It has 6 wellbores on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 160,727 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 $1.7M, with roughly $378K 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 549 barrels a month, about 91 per wellbore. Its strongest month on the record we hold was December 2017, at 1,188 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 IVERSON
- Who operates IVERSON?
- IVERSON is operated by Seaboard Operating Co., Railroad Commission of Texas operator number 760960.
- Where is IVERSON?
- IVERSON is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68911.
- Is IVERSON still producing?
- IVERSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IVERSON is August 2026.
- How much has IVERSON produced?
- IVERSON has reported 160,727 barrels of oil (bbl) to the Railroad Commission of Texas between June 2002 and August 2026, from 6 wellbores.
- How much is IVERSON worth?
- The remaining production from IVERSON is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IVERSON is a fraction of it. The estimate fits an Arps decline curve to the production IVERSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IVERSON is an estimate of value, not an offer and not an appraisal.
- How much income does IVERSON generate in a year?
- IVERSON is forecast to net about $378K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IVERSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaboard Operating Co. |
|---|---|
| Field | Harris (San Andres) |
| County | Andrews County, Texas |
| RRC district | 8A |
| Lease number | 68911 |
| Wellbores | 6 |
| Reported production | 160,727 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where IVERSON 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.