DOUGLAS
DOUGLAS is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Vess Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 61,369 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 $265K, with roughly $50K 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 71 barrels a month. Its strongest month on the record we hold was October 2017, at 600 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 DOUGLAS
- Who operates DOUGLAS?
- DOUGLAS is operated by Vess Oil Corporation, Railroad Commission of Texas operator number 884750.
- Where is DOUGLAS?
- DOUGLAS is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26489.
- Is DOUGLAS still producing?
- DOUGLAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUGLAS is August 2026.
- How much has DOUGLAS produced?
- DOUGLAS has reported 61,369 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
- How much is DOUGLAS worth?
- The remaining production from DOUGLAS is estimated to be worth about $265K in total as of 26 August 2026, within a range of $146K to $384K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUGLAS is a fraction of it. The estimate fits an Arps decline curve to the production DOUGLAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUGLAS is an estimate of value, not an offer and not an appraisal.
- How much income does DOUGLAS generate in a year?
- DOUGLAS is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOUGLAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vess Oil Corporation |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 26489 |
| Wellbores | 1 |
| Reported production | 61,369 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $265K |
Where DOUGLAS 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.