TEX. LAND&MORTGAGE CO.-A-R/A-B-
TEX. LAND&MORTGAGE CO.-A-R/A-B- is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Citation Oil & Gas Corp. It has 56 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 806,304 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 $2.1M, with roughly $480K 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 770 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was March 2017, at 1,128 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 TEX. LAND&MORTGAGE CO.-A-R/A-B-
- Who operates TEX. LAND&MORTGAGE CO.-A-R/A-B-?
- TEX. LAND&MORTGAGE CO.-A-R/A-B- is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
- Where is TEX. LAND&MORTGAGE CO.-A-R/A-B-?
- TEX. LAND&MORTGAGE CO.-A-R/A-B- is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 02917.
- Is TEX. LAND&MORTGAGE CO.-A-R/A-B- still producing?
- TEX. LAND&MORTGAGE CO.-A-R/A-B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEX. LAND&MORTGAGE CO.-A-R/A-B- is August 2026.
- How much has TEX. LAND&MORTGAGE CO.-A-R/A-B- produced?
- TEX. LAND&MORTGAGE CO.-A-R/A-B- has reported 806,304 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 56 wellbores.
- How much is TEX. LAND&MORTGAGE CO.-A-R/A-B- worth?
- The remaining production from TEX. LAND&MORTGAGE CO.-A-R/A-B- is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEX. LAND&MORTGAGE CO.-A-R/A-B- is a fraction of it. The estimate fits an Arps decline curve to the production TEX. LAND&MORTGAGE CO.-A-R/A-B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEX. LAND&MORTGAGE CO.-A-R/A-B- is an estimate of value, not an offer and not an appraisal.
- How much income does TEX. LAND&MORTGAGE CO.-A-R/A-B- generate in a year?
- TEX. LAND&MORTGAGE CO.-A-R/A-B- is forecast to net about $480K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEX. LAND&MORTGAGE CO.-A-R/A-B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Citation Oil & Gas Corp. |
|---|---|
| Field | Iatan, East Howard |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 02917 |
| Wellbores | 56 |
| Reported production | 806,304 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where TEX. LAND&MORTGAGE CO.-A-R/A-B- 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.