OLIVER, J. R. 207
OLIVER, J. R. 207 is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Union Oil Company Of California. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 147,802 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 $766K, with roughly $197K 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 288 barrels a month. Its strongest month on the record we hold was January 2017, at 482 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 OLIVER, J. R. 207
- Who operates OLIVER, J. R. 207?
- OLIVER, J. R. 207 is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is OLIVER, J. R. 207?
- OLIVER, J. R. 207 is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03699.
- Is OLIVER, J. R. 207 still producing?
- OLIVER, J. R. 207 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLIVER, J. R. 207 is August 2026.
- How much has OLIVER, J. R. 207 produced?
- OLIVER, J. R. 207 has reported 147,802 barrels of oil (bbl) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is OLIVER, J. R. 207 worth?
- The remaining production from OLIVER, J. R. 207 is estimated to be worth about $766K in total as of 27 August 2026, within a range of $598K to $935K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLIVER, J. R. 207 is a fraction of it. The estimate fits an Arps decline curve to the production OLIVER, J. R. 207 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLIVER, J. R. 207 is an estimate of value, not an offer and not an appraisal.
- How much income does OLIVER, J. R. 207 generate in a year?
- OLIVER, J. R. 207 is forecast to net about $197K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OLIVER, J. R. 207 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | Van |
| County | Van Zandt County, Texas |
| RRC district | 05 |
| Lease number | 03699 |
| Wellbores | 1 |
| Reported production | 147,802 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $766K |
Where OLIVER, J. R. 207 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.