DOYLE 708
DOYLE 708 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 132,525 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 $1.3M, with roughly $197K 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 163 barrels a month, about 82 per wellbore. Its strongest month on the record we hold was May 2016, at 514 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 DOYLE 708
- Who operates DOYLE 708?
- DOYLE 708 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is DOYLE 708?
- DOYLE 708 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08475.
- Is DOYLE 708 still producing?
- DOYLE 708 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOYLE 708 is August 2026.
- How much has DOYLE 708 produced?
- DOYLE 708 has reported 132,525 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 2 wellbores.
- How much is DOYLE 708 worth?
- The remaining production from DOYLE 708 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $976K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOYLE 708 is a fraction of it. The estimate fits an Arps decline curve to the production DOYLE 708 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOYLE 708 is an estimate of value, not an offer and not an appraisal.
- How much income does DOYLE 708 generate in a year?
- DOYLE 708 is forecast to net about $197K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOYLE 708 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08475 |
| Wellbores | 2 |
| Reported production | 132,525 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where DOYLE 708 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.