RAILWAY RANCH "18"
RAILWAY RANCH "18" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Terrace Petroleum Corporation. It has 16 wellbores on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 1,051,276 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 $18K, with roughly $9K expected over the next twelve months.
| Operator | Terrace Petroleum Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16195 |
| Wellbores | 16 |
| Reported production | 1,051,276 bbl |
| First reported | March 2007 |
| Last reported | August 2026 |
| Estimated royalty value | $18K |
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.