LOVVORN UNIT
LOVVORN UNIT is a Texas oil lease in Haskell County, Railroad Commission district 7B, operated by Petex. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 15,506 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 $161K, with roughly $31K 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 34 barrels a month. Its strongest month on the record we hold was July 2016, at 155 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LOVVORN UNIT
- Who operates LOVVORN UNIT?
- LOVVORN UNIT is operated by Petex, Railroad Commission of Texas operator number 659782.
- Where is LOVVORN UNIT?
- LOVVORN UNIT is a Texas oil lease in Haskell County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30941.
- Is LOVVORN UNIT still producing?
- LOVVORN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOVVORN UNIT is August 2026.
- How much has LOVVORN UNIT produced?
- LOVVORN UNIT has reported 15,506 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is LOVVORN UNIT worth?
- The remaining production from LOVVORN UNIT is estimated to be worth about $161K in total as of 26 August 2026, within a range of $88K to $233K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOVVORN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOVVORN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOVVORN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOVVORN UNIT generate in a year?
- LOVVORN UNIT is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOVVORN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petex |
|---|---|
| Field | Everett (Strawn -B- Sand) |
| County | Haskell County, Texas |
| RRC district | 7B |
| Lease number | 30941 |
| Wellbores | 1 |
| Reported production | 15,506 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $161K |
Where LOVVORN UNIT 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.