DIETZ
DIETZ is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by L.C.S. Production Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 18,300 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 $349K, with roughly $67K 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 85 barrels a month. Its strongest month on the record we hold was February 2019, at 277 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 DIETZ
- Who operates DIETZ?
- DIETZ is operated by L.C.S. Production Company, Railroad Commission of Texas operator number 479574.
- Where is DIETZ?
- DIETZ is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17601.
- Is DIETZ still producing?
- DIETZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIETZ is August 2026.
- How much has DIETZ produced?
- DIETZ has reported 18,300 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 1 wellbore.
- How much is DIETZ worth?
- The remaining production from DIETZ is estimated to be worth about $349K in total as of 26 August 2026, within a range of $192K to $506K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIETZ is a fraction of it. The estimate fits an Arps decline curve to the production DIETZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIETZ is an estimate of value, not an offer and not an appraisal.
- How much income does DIETZ generate in a year?
- DIETZ is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIETZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L.C.S. Production Company |
|---|---|
| Field | Crews, South (Gardner, Up.) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 17601 |
| Wellbores | 1 |
| Reported production | 18,300 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $349K |
Where DIETZ 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.