LASATER, E. F.
LASATER, E. F. is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Pendleton, Walter, JR. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 27,650 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 $153K, with roughly $30K 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 53 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was May 2018, at 136 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 LASATER, E. F.
- Who operates LASATER, E. F.?
- LASATER, E. F. is operated by Pendleton, Walter, JR., Railroad Commission of Texas operator number 651160.
- Where is LASATER, E. F.?
- LASATER, E. F. is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01435.
- Is LASATER, E. F. still producing?
- LASATER, E. F. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LASATER, E. F. is August 2026.
- How much has LASATER, E. F. produced?
- LASATER, E. F. has reported 27,650 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is LASATER, E. F. worth?
- The remaining production from LASATER, E. F. is estimated to be worth about $153K in total as of 26 August 2026, within a range of $84K to $222K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LASATER, E. F. is a fraction of it. The estimate fits an Arps decline curve to the production LASATER, E. F. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LASATER, E. F. is an estimate of value, not an offer and not an appraisal.
- How much income does LASATER, E. F. generate in a year?
- LASATER, E. F. is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LASATER, E. F. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pendleton, Walter, JR. |
|---|---|
| Field | Panhandle Wheeler County Field |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 01435 |
| Wellbores | 3 |
| Reported production | 27,650 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $153K |
Where LASATER, E. F. 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.