DEETS 33
DEETS 33 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Foreland Operating, LLC. It has 8 wellbores on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 704,426 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 $3.9M, with roughly $1.8M 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 1,607 barrels a month, about 201 per wellbore. Its strongest month on the record we hold was September 2021, at 37,255 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DEETS 33
- Who operates DEETS 33?
- DEETS 33 is operated by Foreland Operating, LLC, Railroad Commission of Texas operator number 275732.
- Where is DEETS 33?
- DEETS 33 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18326.
- Is DEETS 33 still producing?
- DEETS 33 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEETS 33 is August 2026.
- How much has DEETS 33 produced?
- DEETS 33 has reported 704,426 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 8 wellbores.
- How much is DEETS 33 worth?
- The remaining production from DEETS 33 is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEETS 33 is a fraction of it. The estimate fits an Arps decline curve to the production DEETS 33 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEETS 33 is an estimate of value, not an offer and not an appraisal.
- How much income does DEETS 33 generate in a year?
- DEETS 33 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEETS 33 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Foreland Operating, LLC |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 18326 |
| Wellbores | 8 |
| Reported production | 704,426 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where DEETS 33 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.