CONGAREE 21-33 A

CONGAREE 21-33 A is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Ike Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2024 to August 2026, totalling 342,364 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 $4.9M, with roughly $4.2M 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 23,851 barrels a month. Its strongest month on the record we hold was May 2025, at 42,105 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CONGAREE 21-33 A

Who operates CONGAREE 21-33 A?
CONGAREE 21-33 A is operated by Ike Operating, LLC, Railroad Commission of Texas operator number 101633.
Where is CONGAREE 21-33 A?
CONGAREE 21-33 A is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62890.
Is CONGAREE 21-33 A still producing?
CONGAREE 21-33 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONGAREE 21-33 A is August 2026.
How much has CONGAREE 21-33 A produced?
CONGAREE 21-33 A has reported 342,364 barrels of oil (bbl) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
How much is CONGAREE 21-33 A worth?
The remaining production from CONGAREE 21-33 A is estimated to be worth about $4.9M in total as of 26 August 2026, within a range of $4.0M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONGAREE 21-33 A is a fraction of it. The estimate fits an Arps decline curve to the production CONGAREE 21-33 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONGAREE 21-33 A is an estimate of value, not an offer and not an appraisal.
How much income does CONGAREE 21-33 A generate in a year?
CONGAREE 21-33 A is forecast to net about $4.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONGAREE 21-33 A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CONGAREE 21-33 A as filed with the Railroad Commission of Texas
OperatorIke Operating, LLC
FieldSpraberry (Trend Area)
CountyDawson County, Texas
RRC district08
Lease number62890
Wellbores1
Reported production342,364 bbl
First reported
Last reported
Estimated royalty value$4.9M

Where CONGAREE 21-33 A 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.