LEAVITT

LEAVITT is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Ics Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 4,084 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 $937K, with roughly $180K 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 216 barrels a month. Its strongest month on the record we hold was December 2025, at 595 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LEAVITT

Who operates LEAVITT?
LEAVITT is operated by Ics Energy LLC, Railroad Commission of Texas operator number 422450.
Where is LEAVITT?
LEAVITT is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32776.
Is LEAVITT still producing?
LEAVITT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEAVITT is August 2026.
How much has LEAVITT produced?
LEAVITT has reported 4,084 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 1 wellbore.
How much is LEAVITT worth?
The remaining production from LEAVITT is estimated to be worth about $937K in total as of 26 August 2026, within a range of $731K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEAVITT is a fraction of it. The estimate fits an Arps decline curve to the production LEAVITT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEAVITT is an estimate of value, not an offer and not an appraisal.
How much income does LEAVITT generate in a year?
LEAVITT is forecast to net about $180K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEAVITT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LEAVITT as filed with the Railroad Commission of Texas
OperatorIcs Energy LLC
FieldLueders, S. (King Sand)
CountyJones County, Texas
RRC district7B
Lease number32776
Wellbores1
Reported production4,084 bbl
First reported
Last reported
Estimated royalty value$937K

Where LEAVITT 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.