GLOVER, VANCE
GLOVER, VANCE is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Hollub, Lambert Drilling Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,295 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 $14K, with roughly $3K 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 14 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was May 2018, at 73 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 GLOVER, VANCE
- Who operates GLOVER, VANCE?
- GLOVER, VANCE is operated by Hollub, Lambert Drilling Company, Railroad Commission of Texas operator number 393680.
- Where is GLOVER, VANCE?
- GLOVER, VANCE is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 06633.
- Is GLOVER, VANCE still producing?
- GLOVER, VANCE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLOVER, VANCE is August 2026.
- How much has GLOVER, VANCE produced?
- GLOVER, VANCE has reported 23,295 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is GLOVER, VANCE worth?
- The remaining production from GLOVER, VANCE is estimated to be worth about $14K in total as of 26 August 2026, within a range of $8K to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLOVER, VANCE is a fraction of it. The estimate fits an Arps decline curve to the production GLOVER, VANCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLOVER, VANCE is an estimate of value, not an offer and not an appraisal.
- How much income does GLOVER, VANCE generate in a year?
- GLOVER, VANCE is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLOVER, VANCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hollub, Lambert Drilling Company |
|---|---|
| Field | Salt Flat, West |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 06633 |
| Wellbores | 4 |
| Reported production | 23,295 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where GLOVER, VANCE 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.