LIONESS
LIONESS is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Seaboard Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from April 2024 to August 2026, totalling 6,584 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 $875K, with roughly $168K 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 235 barrels a month. Its strongest month on the record we hold was May 2024, at 385 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 LIONESS
- Who operates LIONESS?
- LIONESS is operated by Seaboard Operating Co., Railroad Commission of Texas operator number 760960.
- Where is LIONESS?
- LIONESS is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71417.
- Is LIONESS still producing?
- LIONESS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIONESS is August 2026.
- How much has LIONESS produced?
- LIONESS has reported 6,584 barrels of oil (bbl) to the Railroad Commission of Texas between April 2024 and August 2026, from 1 wellbore.
- How much is LIONESS worth?
- The remaining production from LIONESS is estimated to be worth about $875K in total as of 26 August 2026, within a range of $683K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIONESS is a fraction of it. The estimate fits an Arps decline curve to the production LIONESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIONESS is an estimate of value, not an offer and not an appraisal.
- How much income does LIONESS generate in a year?
- LIONESS is forecast to net about $168K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIONESS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaboard Operating Co. |
|---|---|
| Field | Felken, S. (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 71417 |
| Wellbores | 1 |
| Reported production | 6,584 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $875K |
Where LIONESS 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.