SUSAN MARIE
SUSAN MARIE is a Texas oil lease in Lee County, Railroad Commission district 03, operated by U. S. Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2004 to August 2026, totalling 47,696 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 $23K, with roughly $4K 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 26 barrels a month. Its strongest month on the record we hold was June 2016, at 284 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 SUSAN MARIE
- Who operates SUSAN MARIE?
- SUSAN MARIE is operated by U. S. Operating, Inc., Railroad Commission of Texas operator number 875431.
- Where is SUSAN MARIE?
- SUSAN MARIE is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24711.
- Is SUSAN MARIE still producing?
- SUSAN MARIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUSAN MARIE is August 2026.
- How much has SUSAN MARIE produced?
- SUSAN MARIE has reported 47,696 barrels of oil (bbl) to the Railroad Commission of Texas between May 2004 and August 2026, from 1 wellbore.
- How much is SUSAN MARIE worth?
- The remaining production from SUSAN MARIE is estimated to be worth about $23K in total as of 27 August 2026, within a range of $12K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUSAN MARIE is a fraction of it. The estimate fits an Arps decline curve to the production SUSAN MARIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUSAN MARIE is an estimate of value, not an offer and not an appraisal.
- How much income does SUSAN MARIE generate in a year?
- SUSAN MARIE is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SUSAN MARIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U. S. Operating, Inc. |
|---|---|
| Field | Giddings (Navarro, Oil) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 24711 |
| Wellbores | 1 |
| Reported production | 47,696 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where SUSAN MARIE 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.