LEE
LEE is a Texas oil lease in Fort Bend County, Railroad Commission district 03, operated by Maverick Prod. Co., Inc. It has 12 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 79,923 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 $3K, with roughly $565 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 1 barrels a month. Its strongest month on the record we hold was May 2017, at 329 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LEE
- Who operates LEE?
- LEE is operated by Maverick Prod. Co., Inc., Railroad Commission of Texas operator number 534225.
- Where is LEE?
- LEE is a Texas oil lease in Fort Bend County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25596.
- Is LEE still producing?
- LEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEE is August 2026.
- How much has LEE produced?
- LEE has reported 79,923 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 12 wellbores.
- How much is LEE worth?
- The remaining production from LEE is estimated to be worth about $3K in total as of 26 August 2026, within a range of $0 to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEE is a fraction of it. The estimate fits an Arps decline curve to the production LEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEE is an estimate of value, not an offer and not an appraisal.
- How much income does LEE generate in a year?
- LEE is forecast to net about $565 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maverick Prod. Co., Inc. |
|---|---|
| Field | Blue Ridge |
| County | Fort Bend County, Texas |
| RRC district | 03 |
| Lease number | 25596 |
| Wellbores | 12 |
| Reported production | 79,923 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where LEE 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.