LEE SOUTH
LEE SOUTH is a Texas oil lease in Tom Green County, Railroad Commission district 7C, operated by Star Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 49,189 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 $65K, with roughly $12K 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 63 barrels a month. Its strongest month on the record we hold was September 2016, at 345 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 LEE SOUTH
- Who operates LEE SOUTH?
- LEE SOUTH is operated by Star Production, Inc., Railroad Commission of Texas operator number 815108.
- Where is LEE SOUTH?
- LEE SOUTH is a Texas oil lease in Tom Green County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16758.
- Is LEE SOUTH still producing?
- LEE SOUTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEE SOUTH is August 2026.
- How much has LEE SOUTH produced?
- LEE SOUTH has reported 49,189 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is LEE SOUTH worth?
- The remaining production from LEE SOUTH is estimated to be worth about $65K in total as of 27 August 2026, within a range of $36K to $94K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEE SOUTH is a fraction of it. The estimate fits an Arps decline curve to the production LEE SOUTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEE SOUTH is an estimate of value, not an offer and not an appraisal.
- How much income does LEE SOUTH generate in a year?
- LEE SOUTH is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEE SOUTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Star Production, Inc. |
|---|---|
| Field | Star Light (Hope) |
| County | Tom Green County, Texas |
| RRC district | 7C |
| Lease number | 16758 |
| Wellbores | 1 |
| Reported production | 49,189 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $65K |
Where LEE SOUTH 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.