DUVAL RANCH SEC. 62
DUVAL RANCH SEC. 62 is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Speed, F. Michael, Trustee. It has 28 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 508,416 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 $821K, with roughly $158K 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 211 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was May 2016, at 922 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 DUVAL RANCH SEC. 62
- Who operates DUVAL RANCH SEC. 62?
- DUVAL RANCH SEC. 62 is operated by Speed, F. Michael, Trustee, Railroad Commission of Texas operator number 809230.
- Where is DUVAL RANCH SEC. 62?
- DUVAL RANCH SEC. 62 is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 02874.
- Is DUVAL RANCH SEC. 62 still producing?
- DUVAL RANCH SEC. 62 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUVAL RANCH SEC. 62 is August 2026.
- How much has DUVAL RANCH SEC. 62 produced?
- DUVAL RANCH SEC. 62 has reported 508,416 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 28 wellbores.
- How much is DUVAL RANCH SEC. 62 worth?
- The remaining production from DUVAL RANCH SEC. 62 is estimated to be worth about $821K in total as of 26 August 2026, within a range of $640K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUVAL RANCH SEC. 62 is a fraction of it. The estimate fits an Arps decline curve to the production DUVAL RANCH SEC. 62 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUVAL RANCH SEC. 62 is an estimate of value, not an offer and not an appraisal.
- How much income does DUVAL RANCH SEC. 62 generate in a year?
- DUVAL RANCH SEC. 62 is forecast to net about $158K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUVAL RANCH SEC. 62 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Speed, F. Michael, Trustee |
|---|---|
| Field | Seventy-Six, West |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 02874 |
| Wellbores | 28 |
| Reported production | 508,416 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $821K |
Where DUVAL RANCH SEC. 62 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.