ROPER, LEON

ROPER, LEON is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 104,194 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 $434K, with roughly $83K 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 130 barrels a month. Its strongest month on the record we hold was February 2019, at 483 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 ROPER, LEON

Who operates ROPER, LEON?
ROPER, LEON is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
Where is ROPER, LEON?
ROPER, LEON is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 10504.
Is ROPER, LEON still producing?
ROPER, LEON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROPER, LEON is August 2026.
How much has ROPER, LEON produced?
ROPER, LEON has reported 104,194 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is ROPER, LEON worth?
The remaining production from ROPER, LEON is estimated to be worth about $434K in total as of 26 August 2026, within a range of $339K to $530K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROPER, LEON is a fraction of it. The estimate fits an Arps decline curve to the production ROPER, LEON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROPER, LEON is an estimate of value, not an offer and not an appraisal.
How much income does ROPER, LEON generate in a year?
ROPER, LEON is forecast to net about $83K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ROPER, LEON receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ROPER, LEON as filed with the Railroad Commission of Texas
OperatorMewbourne Oil Company
FieldRoper (Pettit)
CountyRusk County, Texas
RRC district06
Lease number10504
Wellbores1
Reported production104,194 bbl
First reported
Last reported
Estimated royalty value$434K

Where ROPER, LEON 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.