REST 160
REST 160 is a Texas oil lease in Gray County, Railroad Commission district 10, operated by The Operating Co. It has 24 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,887 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 $320K, with roughly $62K 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 98 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was August 2019, at 252 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 REST 160
- Who operates REST 160?
- REST 160 is operated by The Operating Co., Railroad Commission of Texas operator number 851495.
- Where is REST 160?
- REST 160 is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00372.
- Is REST 160 still producing?
- REST 160 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REST 160 is August 2026.
- How much has REST 160 produced?
- REST 160 has reported 39,887 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 24 wellbores.
- How much is REST 160 worth?
- The remaining production from REST 160 is estimated to be worth about $320K in total as of 26 August 2026, within a range of $176K to $464K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REST 160 is a fraction of it. The estimate fits an Arps decline curve to the production REST 160 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REST 160 is an estimate of value, not an offer and not an appraisal.
- How much income does REST 160 generate in a year?
- REST 160 is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REST 160 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | The Operating Co. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00372 |
| Wellbores | 24 |
| Reported production | 39,887 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $320K |
Where REST 160 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.