DRC IV
DRC IV is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Rwa Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 57,809 barrels. The lease is intermittent. 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 $178K, with roughly $32K 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 65 barrels a month. Its strongest month on the record we hold was October 2021, at 665 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 DRC IV
- Who operates DRC IV?
- DRC IV is operated by Rwa Corporation, Railroad Commission of Texas operator number 739804.
- Where is DRC IV?
- DRC IV is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21674.
- Is DRC IV still producing?
- DRC IV is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DRC IV is August 2026.
- How much has DRC IV produced?
- DRC IV has reported 57,809 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DRC IV worth?
- The remaining production from DRC IV is estimated to be worth about $178K in total as of 26 August 2026, within a range of $98K to $258K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRC IV is a fraction of it. The estimate fits an Arps decline curve to the production DRC IV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRC IV is an estimate of value, not an offer and not an appraisal.
- How much income does DRC IV generate in a year?
- DRC IV is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRC IV receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rwa Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 21674 |
| Wellbores | 1 |
| Reported production | 57,809 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $178K |
Where DRC IV 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.