LONEACRE
LONEACRE is a Texas oil lease in Jefferson County, Railroad Commission district 03, operated by Rheaco Oil Company, Ltd. It has 2 wellbores on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 32,283 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 $291K, with roughly $56K 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 80 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was October 2016, at 281 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 LONEACRE
- Who operates LONEACRE?
- LONEACRE is operated by Rheaco Oil Company, Ltd., Railroad Commission of Texas operator number 704810.
- Where is LONEACRE?
- LONEACRE is a Texas oil lease in Jefferson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25098.
- Is LONEACRE still producing?
- LONEACRE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONEACRE is August 2026.
- How much has LONEACRE produced?
- LONEACRE has reported 32,283 barrels of oil (bbl) to the Railroad Commission of Texas between December 2007 and August 2026, from 2 wellbores.
- How much is LONEACRE worth?
- The remaining production from LONEACRE is estimated to be worth about $291K in total as of 27 August 2026, within a range of $160K to $422K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONEACRE is a fraction of it. The estimate fits an Arps decline curve to the production LONEACRE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONEACRE is an estimate of value, not an offer and not an appraisal.
- How much income does LONEACRE generate in a year?
- LONEACRE is forecast to net about $56K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LONEACRE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rheaco Oil Company, Ltd. |
|---|---|
| Field | Spindletop |
| County | Jefferson County, Texas |
| RRC district | 03 |
| Lease number | 25098 |
| Wellbores | 2 |
| Reported production | 32,283 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $291K |
Where LONEACRE 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.