LOUISA
LOUISA is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Devon Louisiana Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 34,117 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 $213K, with roughly $33K 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 22 barrels a month. Its strongest month on the record we hold was February 2025, at 200 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LOUISA
- Who operates LOUISA?
- LOUISA is operated by Devon Louisiana Corporation, Railroad Commission of Texas operator number 216731.
- Where is LOUISA?
- LOUISA is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37102.
- Is LOUISA still producing?
- LOUISA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOUISA is August 2026.
- How much has LOUISA produced?
- LOUISA has reported 34,117 barrels of oil (bbl) to the Railroad Commission of Texas between April 2003 and August 2026, from 1 wellbore.
- How much is LOUISA worth?
- The remaining production from LOUISA is estimated to be worth about $213K in total as of 26 August 2026, within a range of $117K to $309K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOUISA is a fraction of it. The estimate fits an Arps decline curve to the production LOUISA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOUISA is an estimate of value, not an offer and not an appraisal.
- How much income does LOUISA generate in a year?
- LOUISA is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOUISA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Louisiana Corporation |
|---|---|
| Field | Betty Sue (Devonian) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 37102 |
| Wellbores | 1 |
| Reported production | 34,117 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $213K |
Where LOUISA 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.