TV
TV is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Veneto Exploration, LLC. It has 3 wellbores on file with the Commission. Reported production runs from April 2006 to August 2026, totalling 31,136 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 $350K, with roughly $67K 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 95 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was April 2018, at 223 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 TV
- Who operates TV?
- TV is operated by Veneto Exploration, LLC, Railroad Commission of Texas operator number 884504.
- Where is TV?
- TV is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30617.
- Is TV still producing?
- TV is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TV is August 2026.
- How much has TV produced?
- TV has reported 31,136 barrels of oil (bbl) to the Railroad Commission of Texas between April 2006 and August 2026, from 3 wellbores.
- How much is TV worth?
- The remaining production from TV is estimated to be worth about $350K in total as of 26 August 2026, within a range of $193K to $508K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TV is a fraction of it. The estimate fits an Arps decline curve to the production TV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TV is an estimate of value, not an offer and not an appraisal.
- How much income does TV generate in a year?
- TV is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TV receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Veneto Exploration, LLC |
|---|---|
| Field | Wilbarger County Regular |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 30617 |
| Wellbores | 3 |
| Reported production | 31,136 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $350K |
Where TV 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.