LAKEVIEW UNIT
LAKEVIEW UNIT is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Ridge Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 112,987 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 $1.2M, with roughly $276K 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 388 barrels a month, about 194 per wellbore. Its strongest month on the record we hold was January 2021, at 554 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 LAKEVIEW UNIT
- Who operates LAKEVIEW UNIT?
- LAKEVIEW UNIT is operated by Ridge Oil Company, Railroad Commission of Texas operator number 711100.
- Where is LAKEVIEW UNIT?
- LAKEVIEW UNIT is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 24153.
- Is LAKEVIEW UNIT still producing?
- LAKEVIEW UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAKEVIEW UNIT is August 2026.
- How much has LAKEVIEW UNIT produced?
- LAKEVIEW UNIT has reported 112,987 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LAKEVIEW UNIT worth?
- The remaining production from LAKEVIEW UNIT is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $948K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAKEVIEW UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LAKEVIEW UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAKEVIEW UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LAKEVIEW UNIT generate in a year?
- LAKEVIEW UNIT is forecast to net about $276K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAKEVIEW UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ridge Oil Company |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 24153 |
| Wellbores | 2 |
| Reported production | 112,987 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where LAKEVIEW UNIT 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.