COURTNEY

COURTNEY is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 8 wellbores on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 363,647 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 $1.9M, with roughly $418K 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 511 barrels a month, about 64 per wellbore. Its strongest month on the record we hold was October 2016, at 1,211 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 COURTNEY

Who operates COURTNEY?
COURTNEY is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
Where is COURTNEY?
COURTNEY is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38897.
Is COURTNEY still producing?
COURTNEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COURTNEY is August 2026.
How much has COURTNEY produced?
COURTNEY has reported 363,647 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 8 wellbores.
How much is COURTNEY worth?
The remaining production from COURTNEY is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURTNEY is a fraction of it. The estimate fits an Arps decline curve to the production COURTNEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURTNEY is an estimate of value, not an offer and not an appraisal.
How much income does COURTNEY generate in a year?
COURTNEY is forecast to net about $418K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COURTNEY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COURTNEY as filed with the Railroad Commission of Texas
OperatorDevon Energy Production Co, L.P.
FieldSallie Ann (Spraberry-Wolfcamp)
CountyEctor County, Texas
RRC district08
Lease number38897
Wellbores8
Reported production363,647 bbl
First reported
Last reported
Estimated royalty value$1.9M

Where COURTNEY 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.