DENSON
DENSON is a Texas oil lease in Liberty County, Railroad Commission district 03, operated by Joy Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 4,333 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 $41K, with roughly $8K 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 11 barrels a month. Its strongest month on the record we hold was February 2017, at 303 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 DENSON
- Who operates DENSON?
- DENSON is operated by Joy Resources, Inc., Railroad Commission of Texas operator number 447952.
- Where is DENSON?
- DENSON is a Texas oil lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26961.
- Is DENSON still producing?
- DENSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DENSON is August 2026.
- How much has DENSON produced?
- DENSON has reported 4,333 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 1 wellbore.
- How much is DENSON worth?
- The remaining production from DENSON is estimated to be worth about $41K in total as of 26 August 2026, within a range of $23K to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DENSON is a fraction of it. The estimate fits an Arps decline curve to the production DENSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DENSON is an estimate of value, not an offer and not an appraisal.
- How much income does DENSON generate in a year?
- DENSON is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DENSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Joy Resources, Inc. |
|---|---|
| Field | Liberty, South |
| County | Liberty County, Texas |
| RRC district | 03 |
| Lease number | 26961 |
| Wellbores | 1 |
| Reported production | 4,333 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where DENSON 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.