CORBETT RANCH "C"
CORBETT RANCH "C" is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Ltd. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 193,332 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 $30K, with roughly $4K 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 181 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 633 thousand cubic feet. 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 CORBETT RANCH "C"
- Who operates CORBETT RANCH "C"?
- CORBETT RANCH "C" is operated by Delta Oil & Gas Ltd., Railroad Commission of Texas operator number 213703.
- Where is CORBETT RANCH "C"?
- CORBETT RANCH "C" is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 246251.
- Is CORBETT RANCH "C" still producing?
- CORBETT RANCH "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORBETT RANCH "C" is August 2026.
- How much has CORBETT RANCH "C" produced?
- CORBETT RANCH "C" has reported 193,332 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is CORBETT RANCH "C" worth?
- The remaining production from CORBETT RANCH "C" is estimated to be worth about $30K in total as of 26 August 2026, within a range of $23K to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORBETT RANCH "C" is a fraction of it. The estimate fits an Arps decline curve to the production CORBETT RANCH "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORBETT RANCH "C" is an estimate of value, not an offer and not an appraisal.
- How much income does CORBETT RANCH "C" generate in a year?
- CORBETT RANCH "C" is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORBETT RANCH "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delta Oil & Gas Ltd. |
|---|---|
| Field | Caddo (Conglomerate) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 246251 |
| Wellbores | 1 |
| Reported production | 193,332 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $30K |
Where CORBETT RANCH "C" 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.