GREENLEE HEIRS
GREENLEE HEIRS is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Cox, John L. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 93,271 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 $993K, with roughly $179K 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 337 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was December 2018, at 2,184 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 GREENLEE HEIRS
- Who operates GREENLEE HEIRS?
- GREENLEE HEIRS is operated by Cox, John L., Railroad Commission of Texas operator number 185980.
- Where is GREENLEE HEIRS?
- GREENLEE HEIRS is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 01695.
- Is GREENLEE HEIRS still producing?
- GREENLEE HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREENLEE HEIRS is August 2026.
- How much has GREENLEE HEIRS produced?
- GREENLEE HEIRS has reported 93,271 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is GREENLEE HEIRS worth?
- The remaining production from GREENLEE HEIRS is estimated to be worth about $993K in total as of 27 August 2026, within a range of $775K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREENLEE HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production GREENLEE HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREENLEE HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does GREENLEE HEIRS generate in a year?
- GREENLEE HEIRS is forecast to net about $179K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GREENLEE HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cox, John L. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 01695 |
| Wellbores | 4 |
| Reported production | 93,271 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $993K |
Where GREENLEE HEIRS 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.