DELTA
DELTA is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Rogers, S. K. Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 55,592 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 $976K, with roughly $188K 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 255 barrels a month. Its strongest month on the record we hold was May 2023, at 315 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 DELTA
- Who operates DELTA?
- DELTA is operated by Rogers, S. K. Oil, Inc., Railroad Commission of Texas operator number 725013.
- Where is DELTA?
- DELTA is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64426.
- Is DELTA still producing?
- DELTA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DELTA is August 2026.
- How much has DELTA produced?
- DELTA has reported 55,592 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DELTA worth?
- The remaining production from DELTA is estimated to be worth about $976K in total as of 26 August 2026, within a range of $762K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DELTA is a fraction of it. The estimate fits an Arps decline curve to the production DELTA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DELTA is an estimate of value, not an offer and not an appraisal.
- How much income does DELTA generate in a year?
- DELTA is forecast to net about $188K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DELTA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rogers, S. K. Oil, Inc. |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 64426 |
| Wellbores | 1 |
| Reported production | 55,592 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $976K |
Where DELTA 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.