DHC
DHC is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Terrace Petroleum Corporation. It has 4 wellbores on file with the Commission. Reported production runs from May 2006 to August 2026, totalling 188,524 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 $1.1M, with roughly $193K 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 177 barrels a month, about 44 per wellbore. Its strongest month on the record we hold was November 2018, at 518 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 DHC
- Who operates DHC?
- DHC is operated by Terrace Petroleum Corporation, Railroad Commission of Texas operator number 843265.
- Where is DHC?
- DHC is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15981.
- Is DHC still producing?
- DHC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DHC is August 2026.
- How much has DHC produced?
- DHC has reported 188,524 barrels of oil (bbl) to the Railroad Commission of Texas between May 2006 and August 2026, from 4 wellbores.
- How much is DHC worth?
- The remaining production from DHC is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $877K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DHC is a fraction of it. The estimate fits an Arps decline curve to the production DHC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DHC is an estimate of value, not an offer and not an appraisal.
- How much income does DHC generate in a year?
- DHC is forecast to net about $193K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DHC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Terrace Petroleum Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 15981 |
| Wellbores | 4 |
| Reported production | 188,524 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where DHC 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.