CONDITT
CONDITT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Regency Petroleum Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 114,246 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 $416K, with roughly $80K 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 101 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was January 2023, at 180 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 CONDITT
- Who operates CONDITT?
- CONDITT is operated by Regency Petroleum Co., Railroad Commission of Texas operator number 698765.
- Where is CONDITT?
- CONDITT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63578.
- Is CONDITT still producing?
- CONDITT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONDITT is August 2026.
- How much has CONDITT produced?
- CONDITT has reported 114,246 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is CONDITT worth?
- The remaining production from CONDITT is estimated to be worth about $416K in total as of 27 August 2026, within a range of $325K to $508K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONDITT is a fraction of it. The estimate fits an Arps decline curve to the production CONDITT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONDITT is an estimate of value, not an offer and not an appraisal.
- How much income does CONDITT generate in a year?
- CONDITT is forecast to net about $80K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CONDITT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Regency Petroleum Co. |
|---|---|
| Field | Prentice |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 63578 |
| Wellbores | 2 |
| Reported production | 114,246 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $416K |
Where CONDITT 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.