ROCK SPRINGS 0980CP
ROCK SPRINGS 0980CP is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 219,554 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 $9.9M, with roughly $3.4M 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 6,709 barrels a month. Its strongest month on the record we hold was September 2024, at 27,325 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 ROCK SPRINGS 0980CP
- Who operates ROCK SPRINGS 0980CP?
- ROCK SPRINGS 0980CP is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is ROCK SPRINGS 0980CP?
- ROCK SPRINGS 0980CP is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62342.
- Is ROCK SPRINGS 0980CP still producing?
- ROCK SPRINGS 0980CP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROCK SPRINGS 0980CP is August 2026.
- How much has ROCK SPRINGS 0980CP produced?
- ROCK SPRINGS 0980CP has reported 219,554 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is ROCK SPRINGS 0980CP worth?
- The remaining production from ROCK SPRINGS 0980CP is estimated to be worth about $9.9M in total as of 26 August 2026, within a range of $8.2M to $11.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROCK SPRINGS 0980CP is a fraction of it. The estimate fits an Arps decline curve to the production ROCK SPRINGS 0980CP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROCK SPRINGS 0980CP is an estimate of value, not an offer and not an appraisal.
- How much income does ROCK SPRINGS 0980CP generate in a year?
- ROCK SPRINGS 0980CP is forecast to net about $3.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ROCK SPRINGS 0980CP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 62342 |
| Wellbores | 1 |
| Reported production | 219,554 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.9M |
Where ROCK SPRINGS 0980CP 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.