TLC 38
TLC 38 is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Grace 7 Properties, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from February 2016 to August 2026, totalling 39,602 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 $15K, with roughly $3K expected over the next twelve months.
| Operator | Grace 7 Properties, Ltd. |
|---|---|
| Field | Swenson (Caddo) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 31987 |
| Wellbores | 1 |
| Reported production | 39,602 bbl |
| First reported | February 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $15K |
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.