CONDON, FRANCES

CONDON, FRANCES is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Centurion Oil & Gas Op. Co. Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,038 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 $42K, with roughly $8K 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 10 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was October 2016, at 110 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CONDON, FRANCES

Who operates CONDON, FRANCES?
CONDON, FRANCES is operated by Centurion Oil & Gas Op. Co. Inc., Railroad Commission of Texas operator number 141590.
Where is CONDON, FRANCES?
CONDON, FRANCES is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 27156.
Is CONDON, FRANCES still producing?
CONDON, FRANCES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONDON, FRANCES is August 2026.
How much has CONDON, FRANCES produced?
CONDON, FRANCES has reported 25,038 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is CONDON, FRANCES worth?
The remaining production from CONDON, FRANCES is estimated to be worth about $42K in total as of 26 August 2026, within a range of $23K to $61K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONDON, FRANCES is a fraction of it. The estimate fits an Arps decline curve to the production CONDON, FRANCES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONDON, FRANCES is an estimate of value, not an offer and not an appraisal.
How much income does CONDON, FRANCES generate in a year?
CONDON, FRANCES is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONDON, FRANCES receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CONDON, FRANCES as filed with the Railroad Commission of Texas
OperatorCenturion Oil & Gas Op. Co. Inc.
FieldFargo (Consolidated)
CountyWilbarger County, Texas
RRC district09
Lease number27156
Wellbores2
Reported production25,038 bbl
First reported
Last reported
Estimated royalty value$42K

Where CONDON, FRANCES 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.