EVERETT 'B'

EVERETT 'B' is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Ltd. It has 2 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 34,591 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 $345K, with roughly $64K 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 80 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was May 2016, at 1,319 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 EVERETT 'B'

Who operates EVERETT 'B'?
EVERETT 'B' is operated by Delta Oil & Gas Ltd., Railroad Commission of Texas operator number 213703.
Where is EVERETT 'B'?
EVERETT 'B' is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31525.
Is EVERETT 'B' still producing?
EVERETT 'B' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EVERETT 'B' is August 2026.
How much has EVERETT 'B' produced?
EVERETT 'B' has reported 34,591 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 2 wellbores.
How much is EVERETT 'B' worth?
The remaining production from EVERETT 'B' is estimated to be worth about $345K in total as of 27 August 2026, within a range of $190K to $500K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EVERETT 'B' is a fraction of it. The estimate fits an Arps decline curve to the production EVERETT 'B' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EVERETT 'B' is an estimate of value, not an offer and not an appraisal.
How much income does EVERETT 'B' generate in a year?
EVERETT 'B' is forecast to net about $64K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EVERETT 'B' receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

EVERETT 'B' as filed with the Railroad Commission of Texas
OperatorDelta Oil & Gas Ltd.
FieldCrystal Falls (Congl. 4100)
CountyStephens County, Texas
RRC district7B
Lease number31525
Wellbores2
Reported production34,591 bbl
First reported
Last reported
Estimated royalty value$345K

Where EVERETT 'B' 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.