DUKE RANCH -M-

DUKE RANCH -M- is a Texas gas lease in Goliad County, Railroad Commission district 02, operated by T - C Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 575,143 thousand cubic feet. 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 $99K, with roughly $28K 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 1,478 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 11,954 thousand cubic feet. 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 DUKE RANCH -M-

Who operates DUKE RANCH -M-?
DUKE RANCH -M- is operated by T - C Oil Company, Railroad Commission of Texas operator number 833850.
Where is DUKE RANCH -M-?
DUKE RANCH -M- is a Texas gas lease in Goliad County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 235661.
Is DUKE RANCH -M- still producing?
DUKE RANCH -M- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUKE RANCH -M- is August 2026.
How much has DUKE RANCH -M- produced?
DUKE RANCH -M- has reported 575,143 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
How much is DUKE RANCH -M- worth?
The remaining production from DUKE RANCH -M- is estimated to be worth about $99K in total as of 26 August 2026, within a range of $82K to $116K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUKE RANCH -M- is a fraction of it. The estimate fits an Arps decline curve to the production DUKE RANCH -M- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUKE RANCH -M- is an estimate of value, not an offer and not an appraisal.
How much income does DUKE RANCH -M- generate in a year?
DUKE RANCH -M- is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUKE RANCH -M- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DUKE RANCH -M- as filed with the Railroad Commission of Texas
OperatorT - C Oil Company
FieldTejas (Frio 5000)
CountyGoliad County, Texas
RRC district02
Lease number235661
Wellbores1
Reported production575,143 mcf
First reported
Last reported
Estimated royalty value$99K

Where DUKE RANCH -M- 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.