LANCASTER
LANCASTER is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Samson Lone Star, LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 222,356 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 $236K, with roughly $37K 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 32 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was May 2016, at 916 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 LANCASTER
- Who operates LANCASTER?
- LANCASTER is operated by Samson Lone Star, LLC, Railroad Commission of Texas operator number 744737.
- Where is LANCASTER?
- LANCASTER is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08801.
- Is LANCASTER still producing?
- LANCASTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANCASTER is August 2026.
- How much has LANCASTER produced?
- LANCASTER has reported 222,356 barrels of oil (bbl) to the Railroad Commission of Texas between March 2013 and August 2026, from 2 wellbores.
- How much is LANCASTER worth?
- The remaining production from LANCASTER is estimated to be worth about $236K in total as of 26 August 2026, within a range of $130K to $342K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANCASTER is a fraction of it. The estimate fits an Arps decline curve to the production LANCASTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANCASTER is an estimate of value, not an offer and not an appraisal.
- How much income does LANCASTER generate in a year?
- LANCASTER is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LANCASTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Lone Star, LLC |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 08801 |
| Wellbores | 2 |
| Reported production | 222,356 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $236K |
Where LANCASTER 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.