LESTER POWERS UNIT
LESTER POWERS UNIT is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Statoil Texas Onshore Prop LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 161,814 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 $903K, with roughly $236K 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 320 barrels a month. Its strongest month on the record we hold was October 2017, at 9,250 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 LESTER POWERS UNIT
- Who operates LESTER POWERS UNIT?
- LESTER POWERS UNIT is operated by Statoil Texas Onshore Prop LLC, Railroad Commission of Texas operator number 816437.
- Where is LESTER POWERS UNIT?
- LESTER POWERS UNIT is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 19138.
- Is LESTER POWERS UNIT still producing?
- LESTER POWERS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LESTER POWERS UNIT is August 2026.
- How much has LESTER POWERS UNIT produced?
- LESTER POWERS UNIT has reported 161,814 barrels of oil (bbl) to the Railroad Commission of Texas between April 2017 and August 2026, from 1 wellbore.
- How much is LESTER POWERS UNIT worth?
- The remaining production from LESTER POWERS UNIT is estimated to be worth about $903K in total as of 27 August 2026, within a range of $704K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LESTER POWERS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LESTER POWERS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LESTER POWERS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LESTER POWERS UNIT generate in a year?
- LESTER POWERS UNIT is forecast to net about $236K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LESTER POWERS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Statoil Texas Onshore Prop LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 19138 |
| Wellbores | 1 |
| Reported production | 161,814 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $903K |
Where LESTER POWERS UNIT 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.