LIVE OAK
LIVE OAK is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Chisholm Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 67,871 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 $41K, with roughly $38K 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 306 barrels a month, about 153 per wellbore. Its strongest month on the record we hold was September 2017, at 1,960 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 LIVE OAK
- Who operates LIVE OAK?
- LIVE OAK is operated by Chisholm Operating, Inc., Railroad Commission of Texas operator number 149454.
- Where is LIVE OAK?
- LIVE OAK is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32107.
- Is LIVE OAK still producing?
- LIVE OAK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIVE OAK is August 2026.
- How much has LIVE OAK produced?
- LIVE OAK has reported 67,871 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 2 wellbores.
- How much is LIVE OAK worth?
- The remaining production from LIVE OAK is estimated to be worth about $41K in total as of 26 August 2026, within a range of $32K to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIVE OAK is a fraction of it. The estimate fits an Arps decline curve to the production LIVE OAK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIVE OAK is an estimate of value, not an offer and not an appraisal.
- How much income does LIVE OAK generate in a year?
- LIVE OAK is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIVE OAK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chisholm Operating, Inc. |
|---|---|
| Field | Althof (Ellenburger) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 32107 |
| Wellbores | 2 |
| Reported production | 67,871 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where LIVE OAK 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.