MARCHBANKS
MARCHBANKS is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Awp Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 39,804 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 $727K, with roughly $140K 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 207 barrels a month. Its strongest month on the record we hold was November 2019, at 1,532 barrels. 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 MARCHBANKS
- Who operates MARCHBANKS?
- MARCHBANKS is operated by Awp Operating Company, Railroad Commission of Texas operator number 038889.
- Where is MARCHBANKS?
- MARCHBANKS is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14124.
- Is MARCHBANKS still producing?
- MARCHBANKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARCHBANKS is August 2026.
- How much has MARCHBANKS produced?
- MARCHBANKS has reported 39,804 barrels of oil (bbl) to the Railroad Commission of Texas between July 2019 and August 2026, from 1 wellbore.
- How much is MARCHBANKS worth?
- The remaining production from MARCHBANKS is estimated to be worth about $727K in total as of 27 August 2026, within a range of $567K to $887K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARCHBANKS is a fraction of it. The estimate fits an Arps decline curve to the production MARCHBANKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARCHBANKS is an estimate of value, not an offer and not an appraisal.
- How much income does MARCHBANKS generate in a year?
- MARCHBANKS is forecast to net about $140K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARCHBANKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Awp Operating Company |
|---|---|
| Field | Tesoro (Cole Upper 3640) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 14124 |
| Wellbores | 1 |
| Reported production | 39,804 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $727K |
Where MARCHBANKS 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.