LOTT
LOTT is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 111,847 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 $217K, with roughly $35K 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 33 barrels a month. Its strongest month on the record we hold was April 2017, at 441 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 LOTT
- Who operates LOTT?
- LOTT is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is LOTT?
- LOTT is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08744.
- Is LOTT still producing?
- LOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOTT is August 2026.
- How much has LOTT produced?
- LOTT has reported 111,847 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is LOTT worth?
- The remaining production from LOTT is estimated to be worth about $217K in total as of 26 August 2026, within a range of $119K to $314K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOTT is a fraction of it. The estimate fits an Arps decline curve to the production LOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOTT is an estimate of value, not an offer and not an appraisal.
- How much income does LOTT generate in a year?
- LOTT is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 08744 |
| Wellbores | 1 |
| Reported production | 111,847 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $217K |
Where LOTT 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.