VERDA
VERDA is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy USA Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 296,420 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 $485K, with roughly $160K 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 363 barrels a month, about 121 per wellbore. Its strongest month on the record we hold was September 2017, at 2,981 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 VERDA
- Who operates VERDA?
- VERDA is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is VERDA?
- VERDA is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42835.
- Is VERDA still producing?
- VERDA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VERDA is August 2026.
- How much has VERDA produced?
- VERDA has reported 296,420 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 3 wellbores.
- How much is VERDA worth?
- The remaining production from VERDA is estimated to be worth about $485K in total as of 26 August 2026, within a range of $378K to $592K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VERDA is a fraction of it. The estimate fits an Arps decline curve to the production VERDA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VERDA is an estimate of value, not an offer and not an appraisal.
- How much income does VERDA generate in a year?
- VERDA is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VERDA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 42835 |
| Wellbores | 3 |
| Reported production | 296,420 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $485K |
Where VERDA 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.