LITTLE 179
LITTLE 179 is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Columbia Gas Development Corp. It has 1 wellbore on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 263,410 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 $186K, with roughly $136K 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 380 barrels a month. Its strongest month on the record we hold was November 2021, at 20,305 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LITTLE 179
- Who operates LITTLE 179?
- LITTLE 179 is operated by Columbia Gas Development Corp., Railroad Commission of Texas operator number 169230.
- Where is LITTLE 179?
- LITTLE 179 is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14035.
- Is LITTLE 179 still producing?
- LITTLE 179 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LITTLE 179 is August 2026.
- How much has LITTLE 179 produced?
- LITTLE 179 has reported 263,410 barrels of oil (bbl) to the Railroad Commission of Texas between March 1996 and August 2026, from 1 wellbore.
- How much is LITTLE 179 worth?
- The remaining production from LITTLE 179 is estimated to be worth about $186K in total as of 26 August 2026, within a range of $145K to $227K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LITTLE 179 is a fraction of it. The estimate fits an Arps decline curve to the production LITTLE 179 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LITTLE 179 is an estimate of value, not an offer and not an appraisal.
- How much income does LITTLE 179 generate in a year?
- LITTLE 179 is forecast to net about $136K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LITTLE 179 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Columbia Gas Development Corp. |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 14035 |
| Wellbores | 1 |
| Reported production | 263,410 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $186K |
Where LITTLE 179 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.