ROBERTS
ROBERTS is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by B. & M. Family Oil Company. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 498,377 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 $406K 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 546 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was January 2018, at 1,279 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 ROBERTS
- Who operates ROBERTS?
- ROBERTS is operated by B. & M. Family Oil Company, Railroad Commission of Texas operator number 040756.
- Where is ROBERTS?
- ROBERTS is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63263.
- Is ROBERTS still producing?
- ROBERTS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROBERTS is August 2026.
- How much has ROBERTS produced?
- ROBERTS has reported 498,377 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is ROBERTS worth?
- The remaining production from ROBERTS is estimated to be worth about $1.8M in total as of 26 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 ROBERTS is a fraction of it. The estimate fits an Arps decline curve to the production ROBERTS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROBERTS is an estimate of value, not an offer and not an appraisal.
- How much income does ROBERTS generate in a year?
- ROBERTS is forecast to net about $406K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ROBERTS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | B. & M. Family Oil Company |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 63263 |
| Wellbores | 10 |
| Reported production | 498,377 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where ROBERTS 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.