STUDLEY CW SOUTH I 23-13
STUDLEY CW SOUTH I 23-13 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De IV Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 349,526 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 $10.6M, with roughly $3.6M 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 7,054 barrels a month, about 3,527 per wellbore. Its strongest month on the record we hold was June 2024, at 43,026 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 STUDLEY CW SOUTH I 23-13
- Who operates STUDLEY CW SOUTH I 23-13?
- STUDLEY CW SOUTH I 23-13 is operated by De IV Operating, LLC, Railroad Commission of Texas operator number 100168.
- Where is STUDLEY CW SOUTH I 23-13?
- STUDLEY CW SOUTH I 23-13 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22457.
- Is STUDLEY CW SOUTH I 23-13 still producing?
- STUDLEY CW SOUTH I 23-13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STUDLEY CW SOUTH I 23-13 is August 2026.
- How much has STUDLEY CW SOUTH I 23-13 produced?
- STUDLEY CW SOUTH I 23-13 has reported 349,526 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 2 wellbores.
- How much is STUDLEY CW SOUTH I 23-13 worth?
- The remaining production from STUDLEY CW SOUTH I 23-13 is estimated to be worth about $10.6M in total as of 27 August 2026, within a range of $8.8M to $12.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STUDLEY CW SOUTH I 23-13 is a fraction of it. The estimate fits an Arps decline curve to the production STUDLEY CW SOUTH I 23-13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STUDLEY CW SOUTH I 23-13 is an estimate of value, not an offer and not an appraisal.
- How much income does STUDLEY CW SOUTH I 23-13 generate in a year?
- STUDLEY CW SOUTH I 23-13 is forecast to net about $3.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STUDLEY CW SOUTH I 23-13 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De IV Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22457 |
| Wellbores | 2 |
| Reported production | 349,526 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.6M |
Where STUDLEY CW SOUTH I 23-13 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.