DUKE RANCH -16-

DUKE RANCH -16- is a Texas oil lease in Goliad County, Railroad Commission district 02, operated by T-C Oil Company, Llc. It has 1 wellbore on file with the Commission. Reported production runs from April 2025 to August 2026, totalling 9,666 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 $26K, with roughly $5K expected over the next twelve months.

OperatorT-C Oil Company, Llc
FieldTejas (Frio 5200)
CountyGoliad County, Texas
RRC district02
Lease number12971
Wellbores1
Reported production9,666 bbl
First reportedApril 2025
Last reportedAugust 2026
Estimated royalty value$26K

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.