CUMMINS -15-
CUMMINS -15- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Condor Operating Co. It has 6 wellbores on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 89,799 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 $775K, with roughly $149K 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 185 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was December 2016, at 483 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 CUMMINS -15-
- Who operates CUMMINS -15-?
- CUMMINS -15- is operated by Condor Operating Co., Railroad Commission of Texas operator number 170450.
- Where is CUMMINS -15-?
- CUMMINS -15- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37920.
- Is CUMMINS -15- still producing?
- CUMMINS -15- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUMMINS -15- is August 2026.
- How much has CUMMINS -15- produced?
- CUMMINS -15- has reported 89,799 barrels of oil (bbl) to the Railroad Commission of Texas between November 2006 and August 2026, from 6 wellbores.
- How much is CUMMINS -15- worth?
- The remaining production from CUMMINS -15- is estimated to be worth about $775K in total as of 26 August 2026, within a range of $605K to $946K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUMMINS -15- is a fraction of it. The estimate fits an Arps decline curve to the production CUMMINS -15- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUMMINS -15- is an estimate of value, not an offer and not an appraisal.
- How much income does CUMMINS -15- generate in a year?
- CUMMINS -15- is forecast to net about $149K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CUMMINS -15- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Condor Operating Co. |
|---|---|
| Field | Goldsmith (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 37920 |
| Wellbores | 6 |
| Reported production | 89,799 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $775K |
Where CUMMINS -15- 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.