DLB
DLB is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Tanglewood Oil & Gas Co. It has 2 wellbores on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 1,183 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 $209K, with roughly $40K 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 44 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was August 2024, at 129 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 DLB
- Who operates DLB?
- DLB is operated by Tanglewood Oil & Gas Co., Railroad Commission of Texas operator number 835716.
- Where is DLB?
- DLB is a Texas oil lease in Coleman County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32771.
- Is DLB still producing?
- DLB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DLB is August 2026.
- How much has DLB produced?
- DLB has reported 1,183 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 2 wellbores.
- How much is DLB worth?
- The remaining production from DLB is estimated to be worth about $209K in total as of 26 August 2026, within a range of $115K to $303K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DLB is a fraction of it. The estimate fits an Arps decline curve to the production DLB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DLB is an estimate of value, not an offer and not an appraisal.
- How much income does DLB generate in a year?
- DLB is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DLB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tanglewood Oil & Gas Co. |
|---|---|
| Field | Coleman County Regular |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 32771 |
| Wellbores | 2 |
| Reported production | 1,183 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $209K |
Where DLB 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.