DURGIN, D. B. -15-
DURGIN, D. B. -15- is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Coastal Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 62,268 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 $193K, with roughly $37K 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 46 barrels a month. Its strongest month on the record we hold was March 2018, at 226 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 DURGIN, D. B. -15-
- Who operates DURGIN, D. B. -15-?
- DURGIN, D. B. -15- is operated by Coastal Oil & Gas Corporation, Railroad Commission of Texas operator number 161639.
- Where is DURGIN, D. B. -15-?
- DURGIN, D. B. -15- is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30025.
- Is DURGIN, D. B. -15- still producing?
- DURGIN, D. B. -15- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DURGIN, D. B. -15- is August 2026.
- How much has DURGIN, D. B. -15- produced?
- DURGIN, D. B. -15- has reported 62,268 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DURGIN, D. B. -15- worth?
- The remaining production from DURGIN, D. B. -15- is estimated to be worth about $193K in total as of 27 August 2026, within a range of $106K to $280K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DURGIN, D. B. -15- is a fraction of it. The estimate fits an Arps decline curve to the production DURGIN, D. B. -15- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DURGIN, D. B. -15- is an estimate of value, not an offer and not an appraisal.
- How much income does DURGIN, D. B. -15- generate in a year?
- DURGIN, D. B. -15- is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DURGIN, D. B. -15- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Coastal Oil & Gas Corporation |
|---|---|
| Field | Ward, South (Penn. Detri., Up.) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 30025 |
| Wellbores | 1 |
| Reported production | 62,268 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $193K |
Where DURGIN, D. B. -15- 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.