STRAUSS
STRAUSS is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Texas Exploration & Prod. Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,779 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 $65K, with roughly $13K 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 12 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was December 2017, at 106 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 STRAUSS
- Who operates STRAUSS?
- STRAUSS is operated by Texas Exploration & Prod. Co., Railroad Commission of Texas operator number 845842.
- Where is STRAUSS?
- STRAUSS is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28454.
- Is STRAUSS still producing?
- STRAUSS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STRAUSS is August 2026.
- How much has STRAUSS produced?
- STRAUSS has reported 38,779 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is STRAUSS worth?
- The remaining production from STRAUSS is estimated to be worth about $65K in total as of 26 August 2026, within a range of $36K to $95K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRAUSS is a fraction of it. The estimate fits an Arps decline curve to the production STRAUSS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRAUSS is an estimate of value, not an offer and not an appraisal.
- How much income does STRAUSS generate in a year?
- STRAUSS is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STRAUSS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas Exploration & Prod. Co. |
|---|---|
| Field | Radie (Strawn 2200) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 28454 |
| Wellbores | 2 |
| Reported production | 38,779 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $65K |
Where STRAUSS 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.