MOON RANCH
MOON RANCH is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Russell, T. Operating Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 32,690 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 $176K, with roughly $26K 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 14 barrels a month. Its strongest month on the record we hold was September 2024, at 76 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MOON RANCH
- Who operates MOON RANCH?
- MOON RANCH is operated by Russell, T. Operating Inc., Railroad Commission of Texas operator number 737140.
- Where is MOON RANCH?
- MOON RANCH is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 12716.
- Is MOON RANCH still producing?
- MOON RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOON RANCH is August 2026.
- How much has MOON RANCH produced?
- MOON RANCH has reported 32,690 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MOON RANCH worth?
- The remaining production from MOON RANCH is estimated to be worth about $176K in total as of 26 August 2026, within a range of $97K to $255K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOON RANCH is a fraction of it. The estimate fits an Arps decline curve to the production MOON RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOON RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does MOON RANCH generate in a year?
- MOON RANCH is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOON RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Russell, T. Operating Inc. |
|---|---|
| Field | Moon (Marble Falls) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 12716 |
| Wellbores | 1 |
| Reported production | 32,690 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $176K |
Where MOON RANCH 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.