TRICE METHODIST "400"
TRICE METHODIST "400" is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Tracker Mineral. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,901 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 $20K, with roughly $4K 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 6 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was July 2020, at 44 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TRICE METHODIST "400"
- Who operates TRICE METHODIST "400"?
- TRICE METHODIST "400" is operated by Tracker Mineral, Railroad Commission of Texas operator number 864023.
- Where is TRICE METHODIST "400"?
- TRICE METHODIST "400" is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26741.
- Is TRICE METHODIST "400" still producing?
- TRICE METHODIST "400" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRICE METHODIST "400" is August 2026.
- How much has TRICE METHODIST "400" produced?
- TRICE METHODIST "400" has reported 9,901 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is TRICE METHODIST "400" worth?
- The remaining production from TRICE METHODIST "400" is estimated to be worth about $20K in total as of 26 August 2026, within a range of $0 to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRICE METHODIST "400" is a fraction of it. The estimate fits an Arps decline curve to the production TRICE METHODIST "400" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRICE METHODIST "400" is an estimate of value, not an offer and not an appraisal.
- How much income does TRICE METHODIST "400" generate in a year?
- TRICE METHODIST "400" is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRICE METHODIST "400" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tracker Mineral |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 26741 |
| Wellbores | 3 |
| Reported production | 9,901 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where TRICE METHODIST "400" 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.