PALOMINO
PALOMINO is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Lakewood Operating, Ltd. It has 2 wellbores on file with the Commission. Reported production runs from October 1993 to August 2026, totalling 130,325 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 $498K, with roughly $96K 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 151 barrels a month, about 75 per wellbore. Its strongest month on the record we hold was August 2022, at 378 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 PALOMINO
- Who operates PALOMINO?
- PALOMINO is operated by Lakewood Operating, Ltd., Railroad Commission of Texas operator number 483615.
- Where is PALOMINO?
- PALOMINO is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67154.
- Is PALOMINO still producing?
- PALOMINO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALOMINO is August 2026.
- How much has PALOMINO produced?
- PALOMINO has reported 130,325 barrels of oil (bbl) to the Railroad Commission of Texas between October 1993 and August 2026, from 2 wellbores.
- How much is PALOMINO worth?
- The remaining production from PALOMINO is estimated to be worth about $498K in total as of 27 August 2026, within a range of $389K to $608K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALOMINO is a fraction of it. The estimate fits an Arps decline curve to the production PALOMINO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALOMINO is an estimate of value, not an offer and not an appraisal.
- How much income does PALOMINO generate in a year?
- PALOMINO is forecast to net about $96K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PALOMINO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lakewood Operating, Ltd. |
|---|---|
| Field | Diamond -M- (Canyon Lime Area) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 67154 |
| Wellbores | 2 |
| Reported production | 130,325 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where PALOMINO 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.