O.D.C.-A-
O.D.C.-A- is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Miltex Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 57,703 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 $518K, with roughly $100K 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 104 barrels a month. Its strongest month on the record we hold was January 2018, at 294 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 O.D.C.-A-
- Who operates O.D.C.-A-?
- O.D.C.-A- is operated by Miltex Oil Company, Railroad Commission of Texas operator number 569415.
- Where is O.D.C.-A-?
- O.D.C.-A- is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67551.
- Is O.D.C.-A- still producing?
- O.D.C.-A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for O.D.C.-A- is August 2026.
- How much has O.D.C.-A- produced?
- O.D.C.-A- has reported 57,703 barrels of oil (bbl) to the Railroad Commission of Texas between March 1996 and August 2026, from 1 wellbore.
- How much is O.D.C.-A- worth?
- The remaining production from O.D.C.-A- is estimated to be worth about $518K in total as of 27 August 2026, within a range of $404K to $633K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in O.D.C.-A- is a fraction of it. The estimate fits an Arps decline curve to the production O.D.C.-A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for O.D.C.-A- is an estimate of value, not an offer and not an appraisal.
- How much income does O.D.C.-A- generate in a year?
- O.D.C.-A- is forecast to net about $100K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in O.D.C.-A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miltex Oil Company |
|---|---|
| Field | Seagraves (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 67551 |
| Wellbores | 1 |
| Reported production | 57,703 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $518K |
Where O.D.C.-A- 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.