LEDBETTER
LEDBETTER is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Cinnabar Energy, Ltd. It has 2 wellbores on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 5,382 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 $59K, with roughly $11K 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was February 2018, at 77 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 LEDBETTER
- Who operates LEDBETTER?
- LEDBETTER is operated by Cinnabar Energy, Ltd., Railroad Commission of Texas operator number 153508.
- Where is LEDBETTER?
- LEDBETTER is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31553.
- Is LEDBETTER still producing?
- LEDBETTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEDBETTER is August 2026.
- How much has LEDBETTER produced?
- LEDBETTER has reported 5,382 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 2 wellbores.
- How much is LEDBETTER worth?
- The remaining production from LEDBETTER is estimated to be worth about $59K in total as of 26 August 2026, within a range of $32K to $85K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEDBETTER is a fraction of it. The estimate fits an Arps decline curve to the production LEDBETTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEDBETTER is an estimate of value, not an offer and not an appraisal.
- How much income does LEDBETTER generate in a year?
- LEDBETTER is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEDBETTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cinnabar Energy, Ltd. |
|---|---|
| Field | Dyess (Fry Sand) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 31553 |
| Wellbores | 2 |
| Reported production | 5,382 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where LEDBETTER 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.