HEARTSBANE 38-47 C
HEARTSBANE 38-47 C is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Birch Operations, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2024 to August 2026, totalling 486,169 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 $3.9M, with roughly $3.3M 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 16,337 barrels a month. Its strongest month on the record we hold was January 2025, at 56,614 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 HEARTSBANE 38-47 C
- Who operates HEARTSBANE 38-47 C?
- HEARTSBANE 38-47 C is operated by Birch Operations, Inc., Railroad Commission of Texas operator number 071331.
- Where is HEARTSBANE 38-47 C?
- HEARTSBANE 38-47 C is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63153.
- Is HEARTSBANE 38-47 C still producing?
- HEARTSBANE 38-47 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEARTSBANE 38-47 C is August 2026.
- How much has HEARTSBANE 38-47 C produced?
- HEARTSBANE 38-47 C has reported 486,169 barrels of oil (bbl) to the Railroad Commission of Texas between October 2024 and August 2026, from 1 wellbore.
- How much is HEARTSBANE 38-47 C worth?
- The remaining production from HEARTSBANE 38-47 C is estimated to be worth about $3.9M in total as of 27 August 2026, within a range of $3.2M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEARTSBANE 38-47 C is a fraction of it. The estimate fits an Arps decline curve to the production HEARTSBANE 38-47 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEARTSBANE 38-47 C is an estimate of value, not an offer and not an appraisal.
- How much income does HEARTSBANE 38-47 C generate in a year?
- HEARTSBANE 38-47 C is forecast to net about $3.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HEARTSBANE 38-47 C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Birch Operations, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 63153 |
| Wellbores | 1 |
| Reported production | 486,169 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where HEARTSBANE 38-47 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.