DARLENE
DARLENE is a Texas oil lease in Lee County, Railroad Commission district 03, operated by U. S. Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 73,722 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 $532K, with roughly $84K 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 53 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was March 2026, at 129 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 DARLENE
- Who operates DARLENE?
- DARLENE is operated by U. S. Operating, Inc., Railroad Commission of Texas operator number 875431.
- Where is DARLENE?
- DARLENE is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18886.
- Is DARLENE still producing?
- DARLENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DARLENE is August 2026.
- How much has DARLENE produced?
- DARLENE has reported 73,722 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is DARLENE worth?
- The remaining production from DARLENE is estimated to be worth about $532K in total as of 27 August 2026, within a range of $293K to $771K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DARLENE is a fraction of it. The estimate fits an Arps decline curve to the production DARLENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DARLENE is an estimate of value, not an offer and not an appraisal.
- How much income does DARLENE generate in a year?
- DARLENE is forecast to net about $84K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DARLENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U. S. Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 18886 |
| Wellbores | 3 |
| Reported production | 73,722 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $532K |
Where DARLENE 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.