LOVETT EST.
LOVETT EST. is a Texas oil lease in Jackson County, Railroad Commission district 02, operated by Egan Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,543 barrels. The lease is shut in. 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 $1K, with roughly $251 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 0 barrels a month. Its strongest month on the record we hold was December 2021, at 188 barrels.
Key facts about LOVETT EST.
- Who operates LOVETT EST.?
- LOVETT EST. is operated by Egan Resources Inc., Railroad Commission of Texas operator number 245660.
- Where is LOVETT EST.?
- LOVETT EST. is a Texas oil lease in Jackson County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 04337.
- Is LOVETT EST. still producing?
- LOVETT EST. is shut in. The most recent month of production reported to the Railroad Commission of Texas for LOVETT EST. is August 2026.
- How much has LOVETT EST. produced?
- LOVETT EST. has reported 42,543 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LOVETT EST. worth?
- The remaining production from LOVETT EST. is estimated to be worth about $1K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOVETT EST. is a fraction of it. The estimate fits an Arps decline curve to the production LOVETT EST. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOVETT EST. is an estimate of value, not an offer and not an appraisal.
- How much income does LOVETT EST. generate in a year?
- LOVETT EST. is forecast to net about $251 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOVETT EST. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Egan Resources Inc. |
|---|---|
| Field | Francitas (-A- Sand) |
| County | Jackson County, Texas |
| RRC district | 02 |
| Lease number | 04337 |
| Wellbores | 1 |
| Reported production | 42,543 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where LOVETT EST. 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.