STATE O'BANNION A 1217-13

STATE O'BANNION A 1217-13 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De IV Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 312,457 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 $2.6M, with roughly $1.6M 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 4,670 barrels a month. Its strongest month on the record we hold was May 2024, at 34,292 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STATE O'BANNION A 1217-13

Who operates STATE O'BANNION A 1217-13?: STATE O'BANNION A 1217-13 is operated by De IV Operating, LLC, Railroad Commission of Texas operator number 100168.
Where is STATE O'BANNION A 1217-13?: STATE O'BANNION A 1217-13 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22409.
Is STATE O'BANNION A 1217-13 still producing?: STATE O'BANNION A 1217-13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE O'BANNION A 1217-13 is August 2026.
How much has STATE O'BANNION A 1217-13 produced?: STATE O'BANNION A 1217-13 has reported 312,457 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 1 wellbore.
How much is STATE O'BANNION A 1217-13 worth?: The remaining production from STATE O'BANNION A 1217-13 is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.1M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE O'BANNION A 1217-13 is a fraction of it. The estimate fits an Arps decline curve to the production STATE O'BANNION A 1217-13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE O'BANNION A 1217-13 is an estimate of value, not an offer and not an appraisal.
How much income does STATE O'BANNION A 1217-13 generate in a year?: STATE O'BANNION A 1217-13 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE O'BANNION A 1217-13 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

STATE O'BANNION A 1217-13 as filed with the Railroad Commission of Texas
Operator	De IV Operating, LLC
Field	Spraberry (Trend Area)
County	Reagan County, Texas
RRC district	7C
Lease number	22409
Wellbores	1
Reported production	312,457 bbl
First reported	December 2023
Last reported	August 2026
Estimated royalty value	$2.6M

Where STATE O'BANNION A 1217-13 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.