CORTEZ "B"
CORTEZ "B" is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Comstock Oil & Gas, LP. It has 6 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 1,067,050 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 $4.8M, 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 1,516 barrels a month, about 253 per wellbore. Its strongest month on the record we hold was May 2016, at 9,765 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 CORTEZ "B"
- Who operates CORTEZ "B"?
- CORTEZ "B" is operated by Comstock Oil & Gas, LP, Railroad Commission of Texas operator number 170040.
- Where is CORTEZ "B"?
- CORTEZ "B" is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15832.
- Is CORTEZ "B" still producing?
- CORTEZ "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORTEZ "B" is August 2026.
- How much has CORTEZ "B" produced?
- CORTEZ "B" has reported 1,067,050 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 6 wellbores.
- How much is CORTEZ "B" worth?
- The remaining production from CORTEZ "B" is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $4.0M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORTEZ "B" is a fraction of it. The estimate fits an Arps decline curve to the production CORTEZ "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORTEZ "B" is an estimate of value, not an offer and not an appraisal.
- How much income does CORTEZ "B" generate in a year?
- CORTEZ "B" is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORTEZ "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Comstock Oil & Gas, LP |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 15832 |
| Wellbores | 6 |
| Reported production | 1,067,050 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where CORTEZ "B" 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.