LION
LION is a Texas oil lease in Walker County, Railroad Commission district 03, operated by Paleo Oil Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 43,721 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 $158K, with roughly $115K 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 329 barrels a month. Its strongest month on the record we hold was November 2023, at 3,069 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 LION
- Who operates LION?
- LION is operated by Paleo Oil Company LLC, Railroad Commission of Texas operator number 635131.
- Where is LION?
- LION is a Texas oil lease in Walker County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28103.
- Is LION still producing?
- LION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LION is August 2026.
- How much has LION produced?
- LION has reported 43,721 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is LION worth?
- The remaining production from LION is estimated to be worth about $158K in total as of 26 August 2026, within a range of $123K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LION is a fraction of it. The estimate fits an Arps decline curve to the production LION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LION is an estimate of value, not an offer and not an appraisal.
- How much income does LION generate in a year?
- LION is forecast to net about $115K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Paleo Oil Company LLC |
|---|---|
| Field | Bliss (Yegua B) |
| County | Walker County, Texas |
| RRC district | 03 |
| Lease number | 28103 |
| Wellbores | 1 |
| Reported production | 43,721 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $158K |
Where LION 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.