ALLEN 7
ALLEN 7 is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 41,893 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 $355K, with roughly $68K 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 90 barrels a month. Its strongest month on the record we hold was March 2023, at 705 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 ALLEN 7
- Who operates ALLEN 7?
- ALLEN 7 is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is ALLEN 7?
- ALLEN 7 is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43885.
- Is ALLEN 7 still producing?
- ALLEN 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALLEN 7 is August 2026.
- How much has ALLEN 7 produced?
- ALLEN 7 has reported 41,893 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 1 wellbore.
- How much is ALLEN 7 worth?
- The remaining production from ALLEN 7 is estimated to be worth about $355K in total as of 26 August 2026, within a range of $195K to $515K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALLEN 7 is a fraction of it. The estimate fits an Arps decline curve to the production ALLEN 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALLEN 7 is an estimate of value, not an offer and not an appraisal.
- How much income does ALLEN 7 generate in a year?
- ALLEN 7 is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALLEN 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 43885 |
| Wellbores | 1 |
| Reported production | 41,893 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $355K |
Where ALLEN 7 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.