AVERILLE
AVERILLE is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Browning Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 144,169 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 $266K, with roughly $51K 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 65 barrels a month. Its strongest month on the record we hold was December 2017, at 282 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 AVERILLE
- Who operates AVERILLE?
- AVERILLE is operated by Browning Oil Company, Inc., Railroad Commission of Texas operator number 103088.
- Where is AVERILLE?
- AVERILLE is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 11953.
- Is AVERILLE still producing?
- AVERILLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AVERILLE is August 2026.
- How much has AVERILLE produced?
- AVERILLE has reported 144,169 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is AVERILLE worth?
- The remaining production from AVERILLE is estimated to be worth about $266K in total as of 26 August 2026, within a range of $146K to $385K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AVERILLE is a fraction of it. The estimate fits an Arps decline curve to the production AVERILLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AVERILLE is an estimate of value, not an offer and not an appraisal.
- How much income does AVERILLE generate in a year?
- AVERILLE is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AVERILLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Browning Oil Company, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 11953 |
| Wellbores | 1 |
| Reported production | 144,169 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $266K |
Where AVERILLE 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.