PIRATE L
PIRATE L is a Texas oil lease in Wilson County, Railroad Commission district 01, operated by Lonestar Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 174,228 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 $471K, with roughly $106K 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 241 barrels a month. Its strongest month on the record we hold was March 2017, at 2,253 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 PIRATE L
- Who operates PIRATE L?
- PIRATE L is operated by Lonestar Operating, LLC, Railroad Commission of Texas operator number 507495.
- Where is PIRATE L?
- PIRATE L is a Texas oil lease in Wilson County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17842.
- Is PIRATE L still producing?
- PIRATE L is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIRATE L is August 2026.
- How much has PIRATE L produced?
- PIRATE L has reported 174,228 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is PIRATE L worth?
- The remaining production from PIRATE L is estimated to be worth about $471K in total as of 27 August 2026, within a range of $367K to $574K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIRATE L is a fraction of it. The estimate fits an Arps decline curve to the production PIRATE L has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIRATE L is an estimate of value, not an offer and not an appraisal.
- How much income does PIRATE L generate in a year?
- PIRATE L is forecast to net about $106K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIRATE L receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lonestar Operating, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Wilson County, Texas |
| RRC district | 01 |
| Lease number | 17842 |
| Wellbores | 1 |
| Reported production | 174,228 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $471K |
Where PIRATE L 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.