ORR "1921"
ORR "1921" is a Texas oil lease in Young County, Railroad Commission district 09, operated by Southlake Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 9,038 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 $201K, 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 25 barrels a month. Its strongest month on the record we hold was April 2020, at 182 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 ORR "1921"
- Who operates ORR "1921"?
- ORR "1921" is operated by Southlake Exploration, Inc., Railroad Commission of Texas operator number 805550.
- Where is ORR "1921"?
- ORR "1921" is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31164.
- Is ORR "1921" still producing?
- ORR "1921" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ORR "1921" is August 2026.
- How much has ORR "1921" produced?
- ORR "1921" has reported 9,038 barrels of oil (bbl) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is ORR "1921" worth?
- The remaining production from ORR "1921" is estimated to be worth about $201K in total as of 26 August 2026, within a range of $111K to $292K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ORR "1921" is a fraction of it. The estimate fits an Arps decline curve to the production ORR "1921" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ORR "1921" is an estimate of value, not an offer and not an appraisal.
- How much income does ORR "1921" generate in a year?
- ORR "1921" 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 ORR "1921" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southlake Exploration, Inc. |
|---|---|
| Field | Jean, South (Caddo) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 31164 |
| Wellbores | 1 |
| Reported production | 9,038 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $201K |
Where ORR "1921" 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.