BIG STATE RANCH -2-
BIG STATE RANCH -2- is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Regal Petroleum Services. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,692 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 $184K, with roughly $35K 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 51 barrels a month. Its strongest month on the record we hold was May 2020, at 182 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 BIG STATE RANCH -2-
- Who operates BIG STATE RANCH -2-?
- BIG STATE RANCH -2- is operated by Regal Petroleum Services, Railroad Commission of Texas operator number 698756.
- Where is BIG STATE RANCH -2-?
- BIG STATE RANCH -2- is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12276.
- Is BIG STATE RANCH -2- still producing?
- BIG STATE RANCH -2- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIG STATE RANCH -2- is August 2026.
- How much has BIG STATE RANCH -2- produced?
- BIG STATE RANCH -2- has reported 23,692 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BIG STATE RANCH -2- worth?
- The remaining production from BIG STATE RANCH -2- is estimated to be worth about $184K in total as of 26 August 2026, within a range of $101K to $267K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIG STATE RANCH -2- is a fraction of it. The estimate fits an Arps decline curve to the production BIG STATE RANCH -2- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIG STATE RANCH -2- is an estimate of value, not an offer and not an appraisal.
- How much income does BIG STATE RANCH -2- generate in a year?
- BIG STATE RANCH -2- is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BIG STATE RANCH -2- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Regal Petroleum Services |
|---|---|
| Field | Simpson |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 12276 |
| Wellbores | 1 |
| Reported production | 23,692 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $184K |
Where BIG STATE RANCH -2- 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.