VINEYARD
VINEYARD is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Lem Operating Co., Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,539 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 $148K, with roughly $28K 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 38 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was May 2021, at 75 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 VINEYARD
- Who operates VINEYARD?
- VINEYARD is operated by Lem Operating Co., Inc., Railroad Commission of Texas operator number 496350.
- Where is VINEYARD?
- VINEYARD is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62592.
- Is VINEYARD still producing?
- VINEYARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VINEYARD is August 2026.
- How much has VINEYARD produced?
- VINEYARD has reported 33,539 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is VINEYARD worth?
- The remaining production from VINEYARD is estimated to be worth about $148K in total as of 26 August 2026, within a range of $81K to $214K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VINEYARD is a fraction of it. The estimate fits an Arps decline curve to the production VINEYARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VINEYARD is an estimate of value, not an offer and not an appraisal.
- How much income does VINEYARD generate in a year?
- VINEYARD is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VINEYARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lem Operating Co., Inc. |
|---|---|
| Field | Sharon Ridge (1700) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 62592 |
| Wellbores | 4 |
| Reported production | 33,539 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $148K |
Where VINEYARD 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.