SMITH, CARL
SMITH, CARL is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Pendragon Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 3,071 barrels. The lease is shut in. 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 $12K, with roughly $2K 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 0 barrels a month. Its strongest month on the record we hold was November 2016, at 9 barrels.
Key facts about SMITH, CARL
- Who operates SMITH, CARL?
- SMITH, CARL is operated by Pendragon Oil Co., Railroad Commission of Texas operator number 651162.
- Where is SMITH, CARL?
- SMITH, CARL is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30227.
- Is SMITH, CARL still producing?
- SMITH, CARL is shut in. The most recent month of production reported to the Railroad Commission of Texas for SMITH, CARL is August 2026.
- How much has SMITH, CARL produced?
- SMITH, CARL has reported 3,071 barrels of oil (bbl) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is SMITH, CARL worth?
- The remaining production from SMITH, CARL is estimated to be worth about $12K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, CARL is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, CARL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, CARL is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, CARL generate in a year?
- SMITH, CARL is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMITH, CARL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pendragon Oil Co. |
|---|---|
| Field | Cisco (Congl. 3600) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 30227 |
| Wellbores | 1 |
| Reported production | 3,071 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where SMITH, CARL 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.