STATE 10482
STATE 10482 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ep Operating Limited Partnership. It has 2 wellbores on file with the Commission. Reported production runs from June 1993 to August 2026, totalling 42,800 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 $226K, with roughly $43K 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 51 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was September 2016, at 136 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 STATE 10482
- Who operates STATE 10482?
- STATE 10482 is operated by Ep Operating Limited Partnership, Railroad Commission of Texas operator number 253229.
- Where is STATE 10482?
- STATE 10482 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 33861.
- Is STATE 10482 still producing?
- STATE 10482 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE 10482 is August 2026.
- How much has STATE 10482 produced?
- STATE 10482 has reported 42,800 barrels of oil (bbl) to the Railroad Commission of Texas between June 1993 and August 2026, from 2 wellbores.
- How much is STATE 10482 worth?
- The remaining production from STATE 10482 is estimated to be worth about $226K in total as of 27 August 2026, within a range of $124K to $328K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE 10482 is a fraction of it. The estimate fits an Arps decline curve to the production STATE 10482 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE 10482 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE 10482 generate in a year?
- STATE 10482 is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE 10482 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ep Operating Limited Partnership |
|---|---|
| Field | Magutex (Queen) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 33861 |
| Wellbores | 2 |
| Reported production | 42,800 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $226K |
Where STATE 10482 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.