INTERSTATE
INTERSTATE is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 146,561 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 $525K, with roughly $209K 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 338 barrels a month. Its strongest month on the record we hold was July 2023, at 1,814 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 INTERSTATE
- Who operates INTERSTATE?
- INTERSTATE is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is INTERSTATE?
- INTERSTATE is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45632.
- Is INTERSTATE still producing?
- INTERSTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INTERSTATE is August 2026.
- How much has INTERSTATE produced?
- INTERSTATE has reported 146,561 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
- How much is INTERSTATE worth?
- The remaining production from INTERSTATE is estimated to be worth about $525K in total as of 26 August 2026, within a range of $410K to $641K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INTERSTATE is a fraction of it. The estimate fits an Arps decline curve to the production INTERSTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INTERSTATE is an estimate of value, not an offer and not an appraisal.
- How much income does INTERSTATE generate in a year?
- INTERSTATE is forecast to net about $209K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in INTERSTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 45632 |
| Wellbores | 1 |
| Reported production | 146,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $525K |
Where INTERSTATE 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.