LELAND
LELAND is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Brooks Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 23,309 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 $561K, with roughly $107K 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 132 barrels a month. Its strongest month on the record we hold was July 2020, at 1,558 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 LELAND
- Who operates LELAND?
- LELAND is operated by Brooks Petroleum Company, Railroad Commission of Texas operator number 097323.
- Where is LELAND?
- LELAND is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15723.
- Is LELAND still producing?
- LELAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LELAND is August 2026.
- How much has LELAND produced?
- LELAND has reported 23,309 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is LELAND worth?
- The remaining production from LELAND is estimated to be worth about $561K in total as of 26 August 2026, within a range of $438K to $685K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LELAND is a fraction of it. The estimate fits an Arps decline curve to the production LELAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LELAND is an estimate of value, not an offer and not an appraisal.
- How much income does LELAND generate in a year?
- LELAND is forecast to net about $107K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LELAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brooks Petroleum Company |
|---|---|
| Field | Whelan (Pettit) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 15723 |
| Wellbores | 1 |
| Reported production | 23,309 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $561K |
Where LELAND 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.