LAKE PASTURE
LAKE PASTURE is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Energex Inc. It has 3 wellbores on file with the Commission. Reported production runs from September 1997 to August 2026, totalling 91,357 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 $11K, with roughly $2K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was February 2017, at 251 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LAKE PASTURE
- Who operates LAKE PASTURE?
- LAKE PASTURE is operated by Energex Inc., Railroad Commission of Texas operator number 291526.
- Where is LAKE PASTURE?
- LAKE PASTURE is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28433.
- Is LAKE PASTURE still producing?
- LAKE PASTURE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAKE PASTURE is August 2026.
- How much has LAKE PASTURE produced?
- LAKE PASTURE has reported 91,357 barrels of oil (bbl) to the Railroad Commission of Texas between September 1997 and August 2026, from 3 wellbores.
- How much is LAKE PASTURE worth?
- The remaining production from LAKE PASTURE is estimated to be worth about $11K in total as of 26 August 2026, within a range of $0 to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAKE PASTURE is a fraction of it. The estimate fits an Arps decline curve to the production LAKE PASTURE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAKE PASTURE is an estimate of value, not an offer and not an appraisal.
- How much income does LAKE PASTURE generate in a year?
- LAKE PASTURE is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAKE PASTURE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energex Inc. |
|---|---|
| Field | Green (Marble Falls) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 28433 |
| Wellbores | 3 |
| Reported production | 91,357 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where LAKE PASTURE 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.