SLEDGE-TXL
SLEDGE-TXL is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Sledge Bros. Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,564 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 $12K, with roughly $2K 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 3 barrels a month. Its strongest month on the record we hold was August 2019, at 205 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SLEDGE-TXL
- Who operates SLEDGE-TXL?
- SLEDGE-TXL is operated by Sledge Bros. Oil Co., Railroad Commission of Texas operator number 787409.
- Where is SLEDGE-TXL?
- SLEDGE-TXL is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28550.
- Is SLEDGE-TXL still producing?
- SLEDGE-TXL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SLEDGE-TXL is August 2026.
- How much has SLEDGE-TXL produced?
- SLEDGE-TXL has reported 34,564 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SLEDGE-TXL worth?
- The remaining production from SLEDGE-TXL is estimated to be worth about $12K in total as of 27 August 2026, within a range of $0 to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SLEDGE-TXL is a fraction of it. The estimate fits an Arps decline curve to the production SLEDGE-TXL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SLEDGE-TXL is an estimate of value, not an offer and not an appraisal.
- How much income does SLEDGE-TXL generate in a year?
- SLEDGE-TXL is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SLEDGE-TXL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sledge Bros. Oil Co. |
|---|---|
| Field | Ken Regan (Delaware) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 28550 |
| Wellbores | 1 |
| Reported production | 34,564 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where SLEDGE-TXL 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.