AUSTIN C
AUSTIN C is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Sand Springs Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from August 2003 to August 2026, totalling 29,046 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 $187K, with roughly $36K 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 48 barrels a month. Its strongest month on the record we hold was April 2019, at 92 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 AUSTIN C
- Who operates AUSTIN C?
- AUSTIN C is operated by Sand Springs Oil & Gas Co., Railroad Commission of Texas operator number 747175.
- Where is AUSTIN C?
- AUSTIN C is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30229.
- Is AUSTIN C still producing?
- AUSTIN C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AUSTIN C is August 2026.
- How much has AUSTIN C produced?
- AUSTIN C has reported 29,046 barrels of oil (bbl) to the Railroad Commission of Texas between August 2003 and August 2026, from 1 wellbore.
- How much is AUSTIN C worth?
- The remaining production from AUSTIN C is estimated to be worth about $187K in total as of 26 August 2026, within a range of $103K to $270K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AUSTIN C is a fraction of it. The estimate fits an Arps decline curve to the production AUSTIN C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AUSTIN C is an estimate of value, not an offer and not an appraisal.
- How much income does AUSTIN C generate in a year?
- AUSTIN C is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AUSTIN C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sand Springs Oil & Gas Co. |
|---|---|
| Field | Walnut Bend (Bruhlmeyer) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 30229 |
| Wellbores | 1 |
| Reported production | 29,046 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $187K |
Where AUSTIN 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.