SERENITY 10
SERENITY 10 is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Texland Petroleum, L.P. It has 1 wellbore on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 28,970 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 $785K, with roughly $190K 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 269 barrels a month. Its strongest month on the record we hold was April 2019, at 523 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 SERENITY 10
- Who operates SERENITY 10?
- SERENITY 10 is operated by Texland Petroleum, L.P., Railroad Commission of Texas operator number 849735.
- Where is SERENITY 10?
- SERENITY 10 is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70879.
- Is SERENITY 10 still producing?
- SERENITY 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SERENITY 10 is August 2026.
- How much has SERENITY 10 produced?
- SERENITY 10 has reported 28,970 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 1 wellbore.
- How much is SERENITY 10 worth?
- The remaining production from SERENITY 10 is estimated to be worth about $785K in total as of 26 August 2026, within a range of $613K to $958K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SERENITY 10 is a fraction of it. The estimate fits an Arps decline curve to the production SERENITY 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SERENITY 10 is an estimate of value, not an offer and not an appraisal.
- How much income does SERENITY 10 generate in a year?
- SERENITY 10 is forecast to net about $190K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SERENITY 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texland Petroleum, L.P. |
|---|---|
| Field | Ropes, E. (Clear Fork) |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 70879 |
| Wellbores | 1 |
| Reported production | 28,970 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $785K |
Where SERENITY 10 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.