DAFFY
DAFFY is a Texas oil lease in Jasper County, Railroad Commission district 03, operated by Lep Development Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 222,331 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 $957K 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 1,337 barrels a month. Its strongest month on the record we hold was January 2019, at 12,799 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 DAFFY
- Who operates DAFFY?
- DAFFY is operated by Lep Development Company, LLC, Railroad Commission of Texas operator number 496789.
- Where is DAFFY?
- DAFFY is a Texas oil lease in Jasper County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27406.
- Is DAFFY still producing?
- DAFFY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAFFY is August 2026.
- How much has DAFFY produced?
- DAFFY has reported 222,331 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is DAFFY worth?
- The remaining production from DAFFY is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAFFY is a fraction of it. The estimate fits an Arps decline curve to the production DAFFY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAFFY is an estimate of value, not an offer and not an appraisal.
- How much income does DAFFY generate in a year?
- DAFFY is forecast to net about $957K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAFFY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lep Development Company, LLC |
|---|---|
| Field | Van Meter (Yegua Cons.) |
| County | Jasper County, Texas |
| RRC district | 03 |
| Lease number | 27406 |
| Wellbores | 1 |
| Reported production | 222,331 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where DAFFY 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.