ICARUS C2-5-8 1B3
ICARUS C2-5-8 1B3 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 361,387 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 $4.9M, with roughly $1.9M 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 3,129 barrels a month. Its strongest month on the record we hold was January 2022, at 28,910 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 ICARUS C2-5-8 1B3
- Who operates ICARUS C2-5-8 1B3?
- ICARUS C2-5-8 1B3 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is ICARUS C2-5-8 1B3?
- ICARUS C2-5-8 1B3 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56190.
- Is ICARUS C2-5-8 1B3 still producing?
- ICARUS C2-5-8 1B3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ICARUS C2-5-8 1B3 is August 2026.
- How much has ICARUS C2-5-8 1B3 produced?
- ICARUS C2-5-8 1B3 has reported 361,387 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is ICARUS C2-5-8 1B3 worth?
- The remaining production from ICARUS C2-5-8 1B3 is estimated to be worth about $4.9M in total as of 26 August 2026, within a range of $4.1M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ICARUS C2-5-8 1B3 is a fraction of it. The estimate fits an Arps decline curve to the production ICARUS C2-5-8 1B3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ICARUS C2-5-8 1B3 is an estimate of value, not an offer and not an appraisal.
- How much income does ICARUS C2-5-8 1B3 generate in a year?
- ICARUS C2-5-8 1B3 is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ICARUS C2-5-8 1B3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 56190 |
| Wellbores | 1 |
| Reported production | 361,387 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where ICARUS C2-5-8 1B3 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.