EAST CORBETT
EAST CORBETT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Atoka Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 9,998 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 $414K, with roughly $93K 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 203 barrels a month. Its strongest month on the record we hold was April 2023, at 1,249 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 EAST CORBETT
- Who operates EAST CORBETT?
- EAST CORBETT is operated by Atoka Operating, Inc., Railroad Commission of Texas operator number 036606.
- Where is EAST CORBETT?
- EAST CORBETT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34239.
- Is EAST CORBETT still producing?
- EAST CORBETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST CORBETT is August 2026.
- How much has EAST CORBETT produced?
- EAST CORBETT has reported 9,998 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is EAST CORBETT worth?
- The remaining production from EAST CORBETT is estimated to be worth about $414K in total as of 26 August 2026, within a range of $323K to $505K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST CORBETT is a fraction of it. The estimate fits an Arps decline curve to the production EAST CORBETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST CORBETT is an estimate of value, not an offer and not an appraisal.
- How much income does EAST CORBETT generate in a year?
- EAST CORBETT is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EAST CORBETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Atoka Operating, Inc. |
|---|---|
| Field | Dexter (Handy) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 34239 |
| Wellbores | 1 |
| Reported production | 9,998 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $414K |
Where EAST CORBETT 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.