LATHROP
LATHROP is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Oxy USA Inc. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 702,835 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 $2.2M, with roughly $492K 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 735 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was March 2018, at 1,033 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 LATHROP
- Who operates LATHROP?
- LATHROP is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is LATHROP?
- LATHROP is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06378.
- Is LATHROP still producing?
- LATHROP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LATHROP is August 2026.
- How much has LATHROP produced?
- LATHROP has reported 702,835 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is LATHROP worth?
- The remaining production from LATHROP is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LATHROP is a fraction of it. The estimate fits an Arps decline curve to the production LATHROP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LATHROP is an estimate of value, not an offer and not an appraisal.
- How much income does LATHROP generate in a year?
- LATHROP is forecast to net about $492K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LATHROP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06378 |
| Wellbores | 17 |
| Reported production | 702,835 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where LATHROP 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.