VAN
VAN is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Exl Petroleum, LP. It has 17 wellbores on file with the Commission. Reported production runs from July 2009 to August 2026, totalling 653,831 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 $779K, with roughly $148K 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 205 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was January 2017, at 1,886 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 VAN
- Who operates VAN?
- VAN is operated by Exl Petroleum, LP, Railroad Commission of Texas operator number 256791.
- Where is VAN?
- VAN is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39562.
- Is VAN still producing?
- VAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VAN is August 2026.
- How much has VAN produced?
- VAN has reported 653,831 barrels of oil (bbl) to the Railroad Commission of Texas between July 2009 and August 2026, from 17 wellbores.
- How much is VAN worth?
- The remaining production from VAN is estimated to be worth about $779K in total as of 26 August 2026, within a range of $608K to $951K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VAN is a fraction of it. The estimate fits an Arps decline curve to the production VAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VAN is an estimate of value, not an offer and not an appraisal.
- How much income does VAN generate in a year?
- VAN is forecast to net about $148K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exl Petroleum, LP |
|---|---|
| Field | Sallie Ann (Spraberry-Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 39562 |
| Wellbores | 17 |
| Reported production | 653,831 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $779K |
Where VAN 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.