FIRST NATIONAL BANK "C"
FIRST NATIONAL BANK "C" is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Sappington Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 50,889 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $11K, with roughly $2K expected over the next twelve months.
| Operator | Sappington Oil Co. |
|---|---|
| Field | Bowers (Granite Wash) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 16449 |
| Wellbores | 2 |
| Reported production | 50,889 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $11K |
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.