POPE 15
POPE 15 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Linn Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 69,555 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 $811K, with roughly $131K 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 127 barrels a month. Its strongest month on the record we hold was May 2016, at 701 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 POPE 15
- Who operates POPE 15?
- POPE 15 is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is POPE 15?
- POPE 15 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08995.
- Is POPE 15 still producing?
- POPE 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POPE 15 is August 2026.
- How much has POPE 15 produced?
- POPE 15 has reported 69,555 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is POPE 15 worth?
- The remaining production from POPE 15 is estimated to be worth about $811K in total as of 27 August 2026, within a range of $633K to $990K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POPE 15 is a fraction of it. The estimate fits an Arps decline curve to the production POPE 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POPE 15 is an estimate of value, not an offer and not an appraisal.
- How much income does POPE 15 generate in a year?
- POPE 15 is forecast to net about $131K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POPE 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Linn Operating, Inc. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08995 |
| Wellbores | 1 |
| Reported production | 69,555 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $811K |
Where POPE 15 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.