SMITH, C.
SMITH, C. is a Texas oil lease in Callahan County, Railroad Commission district 7B, operated by Gaylyn, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,600 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 $528K, with roughly $88K 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 93 barrels a month. Its strongest month on the record we hold was November 2025, at 211 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 SMITH, C.
- Who operates SMITH, C.?
- SMITH, C. is operated by Gaylyn, Inc., Railroad Commission of Texas operator number 298362.
- Where is SMITH, C.?
- SMITH, C. is a Texas oil lease in Callahan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 14815.
- Is SMITH, C. still producing?
- SMITH, C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, C. is August 2026.
- How much has SMITH, C. produced?
- SMITH, C. has reported 34,600 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SMITH, C. worth?
- The remaining production from SMITH, C. is estimated to be worth about $528K in total as of 26 August 2026, within a range of $290K to $766K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, C. is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, C. is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, C. generate in a year?
- SMITH, C. is forecast to net about $88K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gaylyn, Inc. |
|---|---|
| Field | Fredda (Duffer Lime) |
| County | Callahan County, Texas |
| RRC district | 7B |
| Lease number | 14815 |
| Wellbores | 1 |
| Reported production | 34,600 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $528K |
Where SMITH, C. 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.