LEVY
LEVY is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Clear Water Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 37,023 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 $591K, with roughly $89K 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 57 barrels a month. Its strongest month on the record we hold was March 2023, at 733 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 LEVY
- Who operates LEVY?
- LEVY is operated by Clear Water Inc., Railroad Commission of Texas operator number 159643.
- Where is LEVY?
- LEVY is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38684.
- Is LEVY still producing?
- LEVY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEVY is August 2026.
- How much has LEVY produced?
- LEVY has reported 37,023 barrels of oil (bbl) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
- How much is LEVY worth?
- The remaining production from LEVY is estimated to be worth about $591K in total as of 26 August 2026, within a range of $325K to $858K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEVY is a fraction of it. The estimate fits an Arps decline curve to the production LEVY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEVY is an estimate of value, not an offer and not an appraisal.
- How much income does LEVY generate in a year?
- LEVY is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEVY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Clear Water Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 38684 |
| Wellbores | 1 |
| Reported production | 37,023 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $591K |
Where LEVY 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.