OLIVER
OLIVER is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Pace Operating. It has 10 wellbores on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 35,534 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 $82K, with roughly $16K 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 33 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was August 2018, at 503 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 OLIVER
- Who operates OLIVER?
- OLIVER is operated by Pace Operating, Railroad Commission of Texas operator number 631749.
- Where is OLIVER?
- OLIVER is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30011.
- Is OLIVER still producing?
- OLIVER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLIVER is August 2026.
- How much has OLIVER produced?
- OLIVER has reported 35,534 barrels of oil (bbl) to the Railroad Commission of Texas between December 2007 and August 2026, from 10 wellbores.
- How much is OLIVER worth?
- The remaining production from OLIVER is estimated to be worth about $82K in total as of 26 August 2026, within a range of $45K to $118K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLIVER is a fraction of it. The estimate fits an Arps decline curve to the production OLIVER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLIVER is an estimate of value, not an offer and not an appraisal.
- How much income does OLIVER generate in a year?
- OLIVER is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLIVER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pace Operating |
|---|---|
| Field | Lake Kirby |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 30011 |
| Wellbores | 10 |
| Reported production | 35,534 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $82K |
Where OLIVER 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.