LAIRD, O. L.
LAIRD, O. L. is a Texas oil lease in Harris County, Railroad Commission district 03, operated by Exxon Corp. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 350,061 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 $1.7M, with roughly $387K 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 548 barrels a month, about 274 per wellbore. Its strongest month on the record we hold was December 2016, at 786 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 LAIRD, O. L.
- Who operates LAIRD, O. L.?
- LAIRD, O. L. is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is LAIRD, O. L.?
- LAIRD, O. L. is a Texas oil lease in Harris County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 08380.
- Is LAIRD, O. L. still producing?
- LAIRD, O. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAIRD, O. L. is August 2026.
- How much has LAIRD, O. L. produced?
- LAIRD, O. L. has reported 350,061 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LAIRD, O. L. worth?
- The remaining production from LAIRD, O. L. is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAIRD, O. L. is a fraction of it. The estimate fits an Arps decline curve to the production LAIRD, O. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAIRD, O. L. is an estimate of value, not an offer and not an appraisal.
- How much income does LAIRD, O. L. generate in a year?
- LAIRD, O. L. is forecast to net about $387K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAIRD, O. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Tomball (Schultz Se.) |
| County | Harris County, Texas |
| RRC district | 03 |
| Lease number | 08380 |
| Wellbores | 2 |
| Reported production | 350,061 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where LAIRD, O. L. 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.