COURSON RANCH 135A
COURSON RANCH 135A is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Latigo Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2021 to August 2026, totalling 37,572 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 $1.4M, with roughly $212K 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 116 barrels a month. Its strongest month on the record we hold was January 2022, at 4,539 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 COURSON RANCH 135A
- Who operates COURSON RANCH 135A?
- COURSON RANCH 135A is operated by Latigo Petroleum, LLC, Railroad Commission of Texas operator number 488260.
- Where is COURSON RANCH 135A?
- COURSON RANCH 135A is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09780.
- Is COURSON RANCH 135A still producing?
- COURSON RANCH 135A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COURSON RANCH 135A is August 2026.
- How much has COURSON RANCH 135A produced?
- COURSON RANCH 135A has reported 37,572 barrels of oil (bbl) to the Railroad Commission of Texas between November 2021 and August 2026, from 1 wellbore.
- How much is COURSON RANCH 135A worth?
- The remaining production from COURSON RANCH 135A is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSON RANCH 135A is a fraction of it. The estimate fits an Arps decline curve to the production COURSON RANCH 135A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSON RANCH 135A is an estimate of value, not an offer and not an appraisal.
- How much income does COURSON RANCH 135A generate in a year?
- COURSON RANCH 135A is forecast to net about $212K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COURSON RANCH 135A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 09780 |
| Wellbores | 1 |
| Reported production | 37,572 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where COURSON RANCH 135A 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.