LLM NORTH
LLM NORTH is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by U.S. Energy Development Corp. It has 2 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 460,680 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 $4.1M, with roughly $1.1M 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 1,683 barrels a month, about 841 per wellbore. Its strongest month on the record we hold was February 2019, at 27,487 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LLM NORTH
- Who operates LLM NORTH?
- LLM NORTH is operated by U.S. Energy Development Corp, Railroad Commission of Texas operator number 875462.
- Where is LLM NORTH?
- LLM NORTH is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 19495.
- Is LLM NORTH still producing?
- LLM NORTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LLM NORTH is August 2026.
- How much has LLM NORTH produced?
- LLM NORTH has reported 460,680 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 2 wellbores.
- How much is LLM NORTH worth?
- The remaining production from LLM NORTH is estimated to be worth about $4.1M in total as of 27 August 2026, within a range of $3.4M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LLM NORTH is a fraction of it. The estimate fits an Arps decline curve to the production LLM NORTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LLM NORTH is an estimate of value, not an offer and not an appraisal.
- How much income does LLM NORTH generate in a year?
- LLM NORTH is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LLM NORTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U.S. Energy Development Corp |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 19495 |
| Wellbores | 2 |
| Reported production | 460,680 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where LLM NORTH 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.