LOTT 2
LOTT 2 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 November 2012 to August 2026, totalling 246,903 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 $1.5M, with roughly $319K 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 340 barrels a month, about 170 per wellbore. Its strongest month on the record we hold was June 2016, at 1,954 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 LOTT 2
- Who operates LOTT 2?
- LOTT 2 is operated by Samson Lone Star, LLC, Railroad Commission of Texas operator number 744737.
- Where is LOTT 2?
- LOTT 2 is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08792.
- Is LOTT 2 still producing?
- LOTT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOTT 2 is August 2026.
- How much has LOTT 2 produced?
- LOTT 2 has reported 246,903 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 2 wellbores.
- How much is LOTT 2 worth?
- The remaining production from LOTT 2 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOTT 2 is a fraction of it. The estimate fits an Arps decline curve to the production LOTT 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOTT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does LOTT 2 generate in a year?
- LOTT 2 is forecast to net about $319K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOTT 2 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 | 08792 |
| Wellbores | 2 |
| Reported production | 246,903 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where LOTT 2 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.