RIVERBED TRACT #7
RIVERBED TRACT #7 is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by L & J Oil. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,270 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 $4K, with roughly $722 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 1 barrels a month. Its strongest month on the record we hold was March 2017, at 3 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 RIVERBED TRACT #7
- Who operates RIVERBED TRACT #7?
- RIVERBED TRACT #7 is operated by L & J Oil, Railroad Commission of Texas operator number 479855.
- Where is RIVERBED TRACT #7?
- RIVERBED TRACT #7 is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 18976.
- Is RIVERBED TRACT #7 still producing?
- RIVERBED TRACT #7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIVERBED TRACT #7 is August 2026.
- How much has RIVERBED TRACT #7 produced?
- RIVERBED TRACT #7 has reported 2,270 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is RIVERBED TRACT #7 worth?
- The remaining production from RIVERBED TRACT #7 is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIVERBED TRACT #7 is a fraction of it. The estimate fits an Arps decline curve to the production RIVERBED TRACT #7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIVERBED TRACT #7 is an estimate of value, not an offer and not an appraisal.
- How much income does RIVERBED TRACT #7 generate in a year?
- RIVERBED TRACT #7 is forecast to net about $722 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RIVERBED TRACT #7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L & J Oil |
|---|---|
| Field | Wichita County Regular |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 18976 |
| Wellbores | 4 |
| Reported production | 2,270 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where RIVERBED TRACT #7 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.