NICKEL SALOON C
NICKEL SALOON C is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Earthstone Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 469,442 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 $5.3M, with roughly $2.0M 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 2,770 barrels a month, about 1,385 per wellbore. Its strongest month on the record we hold was March 2022, at 45,129 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 NICKEL SALOON C
- Who operates NICKEL SALOON C?
- NICKEL SALOON C is operated by Earthstone Operating, LLC, Railroad Commission of Texas operator number 238732.
- Where is NICKEL SALOON C?
- NICKEL SALOON C is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21512.
- Is NICKEL SALOON C still producing?
- NICKEL SALOON C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICKEL SALOON C is August 2026.
- How much has NICKEL SALOON C produced?
- NICKEL SALOON C has reported 469,442 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 2 wellbores.
- How much is NICKEL SALOON C worth?
- The remaining production from NICKEL SALOON C is estimated to be worth about $5.3M in total as of 26 August 2026, within a range of $4.4M to $6.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICKEL SALOON C is a fraction of it. The estimate fits an Arps decline curve to the production NICKEL SALOON C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICKEL SALOON C is an estimate of value, not an offer and not an appraisal.
- How much income does NICKEL SALOON C generate in a year?
- NICKEL SALOON C is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NICKEL SALOON C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Earthstone Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21512 |
| Wellbores | 2 |
| Reported production | 469,442 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.3M |
Where NICKEL SALOON C 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.