OFFUTT, L. D.
OFFUTT, L. D. is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Esperanza Energy Corp. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 424,004 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 $940K, with roughly $181K 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 199 barrels a month, about 100 per wellbore. Its strongest month on the record we hold was February 2019, at 1,071 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 OFFUTT, L. D.
- Who operates OFFUTT, L. D.?
- OFFUTT, L. D. is operated by Esperanza Energy Corp., Railroad Commission of Texas operator number 254344.
- Where is OFFUTT, L. D.?
- OFFUTT, L. D. is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 11621.
- Is OFFUTT, L. D. still producing?
- OFFUTT, L. D. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OFFUTT, L. D. is August 2026.
- How much has OFFUTT, L. D. produced?
- OFFUTT, L. D. has reported 424,004 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is OFFUTT, L. D. worth?
- The remaining production from OFFUTT, L. D. is estimated to be worth about $940K in total as of 26 August 2026, within a range of $734K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OFFUTT, L. D. is a fraction of it. The estimate fits an Arps decline curve to the production OFFUTT, L. D. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OFFUTT, L. D. is an estimate of value, not an offer and not an appraisal.
- How much income does OFFUTT, L. D. generate in a year?
- OFFUTT, L. D. is forecast to net about $181K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OFFUTT, L. D. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Esperanza Energy Corp. |
|---|---|
| Field | Breedlove |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 11621 |
| Wellbores | 2 |
| Reported production | 424,004 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $940K |
Where OFFUTT, L. D. 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.