EVERETT 7
EVERETT 7 is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Westerly Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2008 to August 2026, totalling 105,467 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 $856K, with roughly $165K 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 231 barrels a month. Its strongest month on the record we hold was August 2024, at 453 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 EVERETT 7
- Who operates EVERETT 7?
- EVERETT 7 is operated by Westerly Exploration, Inc., Railroad Commission of Texas operator number 911690.
- Where is EVERETT 7?
- EVERETT 7 is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69315.
- Is EVERETT 7 still producing?
- EVERETT 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EVERETT 7 is August 2026.
- How much has EVERETT 7 produced?
- EVERETT 7 has reported 105,467 barrels of oil (bbl) to the Railroad Commission of Texas between August 2008 and August 2026, from 1 wellbore.
- How much is EVERETT 7 worth?
- The remaining production from EVERETT 7 is estimated to be worth about $856K in total as of 27 August 2026, within a range of $668K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EVERETT 7 is a fraction of it. The estimate fits an Arps decline curve to the production EVERETT 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EVERETT 7 is an estimate of value, not an offer and not an appraisal.
- How much income does EVERETT 7 generate in a year?
- EVERETT 7 is forecast to net about $165K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EVERETT 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Westerly Exploration, Inc. |
|---|---|
| Field | Jo-Mill (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69315 |
| Wellbores | 1 |
| Reported production | 105,467 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $856K |
Where EVERETT 7 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.