NEUFELD 924
NEUFELD 924 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 13,521 barrels. The lease is intermittent. 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 $352K, with roughly $51K 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 19 barrels a month. Its strongest month on the record we hold was September 2018, at 185 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 NEUFELD 924
- Who operates NEUFELD 924?
- NEUFELD 924 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is NEUFELD 924?
- NEUFELD 924 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08793.
- Is NEUFELD 924 still producing?
- NEUFELD 924 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NEUFELD 924 is August 2026.
- How much has NEUFELD 924 produced?
- NEUFELD 924 has reported 13,521 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
- How much is NEUFELD 924 worth?
- The remaining production from NEUFELD 924 is estimated to be worth about $352K in total as of 27 August 2026, within a range of $193K to $510K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEUFELD 924 is a fraction of it. The estimate fits an Arps decline curve to the production NEUFELD 924 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEUFELD 924 is an estimate of value, not an offer and not an appraisal.
- How much income does NEUFELD 924 generate in a year?
- NEUFELD 924 is forecast to net about $51K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEUFELD 924 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Kiowa Creek (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08793 |
| Wellbores | 1 |
| Reported production | 13,521 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $352K |
Where NEUFELD 924 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.