LEMONADE "12"
LEMONADE "12" is a Texas oil lease in Borden County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 28,884 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 $511K, with roughly $98K 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 151 barrels a month. Its strongest month on the record we hold was December 2016, at 384 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 LEMONADE "12"
- Who operates LEMONADE "12"?
- LEMONADE "12" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is LEMONADE "12"?
- LEMONADE "12" is a Texas oil lease in Borden County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43284.
- Is LEMONADE "12" still producing?
- LEMONADE "12" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEMONADE "12" is August 2026.
- How much has LEMONADE "12" produced?
- LEMONADE "12" has reported 28,884 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 1 wellbore.
- How much is LEMONADE "12" worth?
- The remaining production from LEMONADE "12" is estimated to be worth about $511K in total as of 27 August 2026, within a range of $398K to $623K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEMONADE "12" is a fraction of it. The estimate fits an Arps decline curve to the production LEMONADE "12" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEMONADE "12" is an estimate of value, not an offer and not an appraisal.
- How much income does LEMONADE "12" generate in a year?
- LEMONADE "12" is forecast to net about $98K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEMONADE "12" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Borden County, Texas |
| RRC district | 08 |
| Lease number | 43284 |
| Wellbores | 1 |
| Reported production | 28,884 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $511K |
Where LEMONADE "12" 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.