LEVERETT
LEVERETT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by RSP Permian, LLC. It has 3 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 148,149 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 $378K, with roughly $66K 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 116 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was August 2016, at 1,382 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 LEVERETT
- Who operates LEVERETT?
- LEVERETT is operated by RSP Permian, LLC, Railroad Commission of Texas operator number 732224.
- Where is LEVERETT?
- LEVERETT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41952.
- Is LEVERETT still producing?
- LEVERETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEVERETT is August 2026.
- How much has LEVERETT produced?
- LEVERETT has reported 148,149 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 3 wellbores.
- How much is LEVERETT worth?
- The remaining production from LEVERETT is estimated to be worth about $378K in total as of 27 August 2026, within a range of $295K to $461K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEVERETT is a fraction of it. The estimate fits an Arps decline curve to the production LEVERETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEVERETT is an estimate of value, not an offer and not an appraisal.
- How much income does LEVERETT generate in a year?
- LEVERETT is forecast to net about $66K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEVERETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RSP Permian, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 41952 |
| Wellbores | 3 |
| Reported production | 148,149 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $378K |
Where LEVERETT 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.