LEVIE OLD
LEVIE OLD is a Texas oil lease in Brown County, Railroad Commission district 7B, operated by Richmond Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,626 barrels. The lease is intermittent. 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 $3K, with roughly $463 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 0 barrels a month. Its strongest month on the record we hold was May 2016, at 1 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LEVIE OLD
- Who operates LEVIE OLD?
- LEVIE OLD is operated by Richmond Operating Company, Railroad Commission of Texas operator number 709722.
- Where is LEVIE OLD?
- LEVIE OLD is a Texas oil lease in Brown County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 20178.
- Is LEVIE OLD still producing?
- LEVIE OLD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LEVIE OLD is August 2026.
- How much has LEVIE OLD produced?
- LEVIE OLD has reported 1,626 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LEVIE OLD worth?
- The remaining production from LEVIE OLD is estimated to be worth about $3K in total as of 26 August 2026, within a range of $0 to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEVIE OLD is a fraction of it. The estimate fits an Arps decline curve to the production LEVIE OLD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEVIE OLD is an estimate of value, not an offer and not an appraisal.
- How much income does LEVIE OLD generate in a year?
- LEVIE OLD is forecast to net about $463 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEVIE OLD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richmond Operating Company |
|---|---|
| Field | Brown County Regular |
| County | Brown County, Texas |
| RRC district | 7B |
| Lease number | 20178 |
| Wellbores | 1 |
| Reported production | 1,626 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where LEVIE OLD 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.