SFO

SFO is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Trilogy Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 17,900 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 $156K, with roughly $30K 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 34 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was April 2020, at 395 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 SFO

Who operates SFO?
SFO is operated by Trilogy Operating, Inc., Railroad Commission of Texas operator number 869713.
Where is SFO?
SFO is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51314.
Is SFO still producing?
SFO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SFO is August 2026.
How much has SFO produced?
SFO has reported 17,900 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 2 wellbores.
How much is SFO worth?
The remaining production from SFO is estimated to be worth about $156K in total as of 27 August 2026, within a range of $86K to $226K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SFO is a fraction of it. The estimate fits an Arps decline curve to the production SFO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SFO is an estimate of value, not an offer and not an appraisal.
How much income does SFO generate in a year?
SFO is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SFO receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SFO as filed with the Railroad Commission of Texas
OperatorTrilogy Operating, Inc.
FieldJailhouse (Fusselman)
CountyGlasscock County, Texas
RRC district08
Lease number51314
Wellbores2
Reported production17,900 bbl
First reported
Last reported
Estimated royalty value$156K

Where SFO 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.