LAKE FORK 13-24-B
LAKE FORK 13-24-B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Cutbow Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 466,758 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 $5.8M, with roughly $3.1M 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 6,457 barrels a month, about 3,229 per wellbore. Its strongest month on the record we hold was July 2023, at 41,348 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 LAKE FORK 13-24-B
- Who operates LAKE FORK 13-24-B?
- LAKE FORK 13-24-B is operated by Cutbow Operating, LLC, Railroad Commission of Texas operator number 195763.
- Where is LAKE FORK 13-24-B?
- LAKE FORK 13-24-B is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60557.
- Is LAKE FORK 13-24-B still producing?
- LAKE FORK 13-24-B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAKE FORK 13-24-B is August 2026.
- How much has LAKE FORK 13-24-B produced?
- LAKE FORK 13-24-B has reported 466,758 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 2 wellbores.
- How much is LAKE FORK 13-24-B worth?
- The remaining production from LAKE FORK 13-24-B is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAKE FORK 13-24-B is a fraction of it. The estimate fits an Arps decline curve to the production LAKE FORK 13-24-B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAKE FORK 13-24-B is an estimate of value, not an offer and not an appraisal.
- How much income does LAKE FORK 13-24-B generate in a year?
- LAKE FORK 13-24-B is forecast to net about $3.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAKE FORK 13-24-B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cutbow Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 60557 |
| Wellbores | 2 |
| Reported production | 466,758 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where LAKE FORK 13-24-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.