TEXACO-288
TEXACO-288 is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Firstrike Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 77,731 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 $956K, with roughly $217K 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 315 barrels a month. Its strongest month on the record we hold was June 2016, at 2,772 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 TEXACO-288
- Who operates TEXACO-288?
- TEXACO-288 is operated by Firstrike Energy Corporation, Railroad Commission of Texas operator number 269066.
- Where is TEXACO-288?
- TEXACO-288 is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14019.
- Is TEXACO-288 still producing?
- TEXACO-288 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO-288 is August 2026.
- How much has TEXACO-288 produced?
- TEXACO-288 has reported 77,731 barrels of oil (bbl) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is TEXACO-288 worth?
- The remaining production from TEXACO-288 is estimated to be worth about $956K in total as of 26 August 2026, within a range of $746K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO-288 is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO-288 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO-288 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO-288 generate in a year?
- TEXACO-288 is forecast to net about $217K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO-288 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Firstrike Energy Corporation |
|---|---|
| Field | Charamousca (Wilcox 2-A, FB-B) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 14019 |
| Wellbores | 1 |
| Reported production | 77,731 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $956K |
Where TEXACO-288 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.