STATE TRACT 216
STATE TRACT 216 is a Texas oil lease in Calhoun County, Railroad Commission district 02, operated by Petro-Guard Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 189,825 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $24K, with roughly $5K expected over the next twelve months.
| Operator | Petro-Guard Company, Inc. |
|---|---|
| Field | Grass Island (4870) |
| County | Calhoun County, Texas |
| RRC district | 02 |
| Lease number | 07049 |
| Wellbores | 2 |
| Reported production | 189,825 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $24K |
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.