SOUTH CURTIS RANCH 3405LP
SOUTH CURTIS RANCH 3405LP is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Occidental Permian Ltd. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 250,290 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 $2.0M, with roughly $598K 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 900 barrels a month. Its strongest month on the record we hold was April 2021, at 25,857 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 SOUTH CURTIS RANCH 3405LP
- Who operates SOUTH CURTIS RANCH 3405LP?
- SOUTH CURTIS RANCH 3405LP is operated by Occidental Permian Ltd., Railroad Commission of Texas operator number 617544.
- Where is SOUTH CURTIS RANCH 3405LP?
- SOUTH CURTIS RANCH 3405LP is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57441.
- Is SOUTH CURTIS RANCH 3405LP still producing?
- SOUTH CURTIS RANCH 3405LP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH CURTIS RANCH 3405LP is August 2026.
- How much has SOUTH CURTIS RANCH 3405LP produced?
- SOUTH CURTIS RANCH 3405LP has reported 250,290 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is SOUTH CURTIS RANCH 3405LP worth?
- The remaining production from SOUTH CURTIS RANCH 3405LP is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.6M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH CURTIS RANCH 3405LP is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH CURTIS RANCH 3405LP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH CURTIS RANCH 3405LP is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH CURTIS RANCH 3405LP generate in a year?
- SOUTH CURTIS RANCH 3405LP is forecast to net about $598K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SOUTH CURTIS RANCH 3405LP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 57441 |
| Wellbores | 1 |
| Reported production | 250,290 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where SOUTH CURTIS RANCH 3405LP 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.