OVERTON HEIRS
OVERTON HEIRS is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Lake Ronel Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,501 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 $604K, with roughly $116K 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 157 barrels a month. Its strongest month on the record we hold was September 2017, at 297 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 OVERTON HEIRS
- Who operates OVERTON HEIRS?
- OVERTON HEIRS is operated by Lake Ronel Oil Company, Railroad Commission of Texas operator number 483310.
- Where is OVERTON HEIRS?
- OVERTON HEIRS is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07183.
- Is OVERTON HEIRS still producing?
- OVERTON HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OVERTON HEIRS is August 2026.
- How much has OVERTON HEIRS produced?
- OVERTON HEIRS has reported 37,501 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is OVERTON HEIRS worth?
- The remaining production from OVERTON HEIRS is estimated to be worth about $604K in total as of 27 August 2026, within a range of $471K to $737K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OVERTON HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production OVERTON HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OVERTON HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does OVERTON HEIRS generate in a year?
- OVERTON HEIRS is forecast to net about $116K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OVERTON HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lake Ronel Oil Company |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 07183 |
| Wellbores | 1 |
| Reported production | 37,501 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $604K |
Where OVERTON HEIRS 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.