AVERITT, S. J.
AVERITT, S. J. is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Marathon Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 372,855 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 $1.8M, with roughly $412K 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 589 barrels a month, about 196 per wellbore. Its strongest month on the record we hold was March 2017, at 1,247 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 AVERITT, S. J.
- Who operates AVERITT, S. J.?
- AVERITT, S. J. is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is AVERITT, S. J.?
- AVERITT, S. J. is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 18008.
- Is AVERITT, S. J. still producing?
- AVERITT, S. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AVERITT, S. J. is August 2026.
- How much has AVERITT, S. J. produced?
- AVERITT, S. J. has reported 372,855 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is AVERITT, S. J. worth?
- The remaining production from AVERITT, S. J. is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AVERITT, S. J. is a fraction of it. The estimate fits an Arps decline curve to the production AVERITT, S. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AVERITT, S. J. is an estimate of value, not an offer and not an appraisal.
- How much income does AVERITT, S. J. generate in a year?
- AVERITT, S. J. is forecast to net about $412K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AVERITT, S. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Seminole (San Angelo) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 18008 |
| Wellbores | 3 |
| Reported production | 372,855 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where AVERITT, S. J. 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.