TOC
TOC is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Akins Oil Company. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,654 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 $462K, with roughly $89K 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 125 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was November 2023, at 186 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 TOC
- Who operates TOC?
- TOC is operated by Akins Oil Company, Railroad Commission of Texas operator number 009583.
- Where is TOC?
- TOC is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17478.
- Is TOC still producing?
- TOC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOC is August 2026.
- How much has TOC produced?
- TOC has reported 26,654 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is TOC worth?
- The remaining production from TOC is estimated to be worth about $462K in total as of 26 August 2026, within a range of $361K to $564K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOC is a fraction of it. The estimate fits an Arps decline curve to the production TOC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOC is an estimate of value, not an offer and not an appraisal.
- How much income does TOC generate in a year?
- TOC is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Akins Oil Company |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 17478 |
| Wellbores | 6 |
| Reported production | 26,654 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $462K |
Where TOC 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.