SHOE BAR RANCH "26"
SHOE BAR RANCH "26" is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Rust Oil Corp. It has 4 wellbores on file with the Commission. Reported production runs from October 2009 to August 2026, totalling 184,356 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 $2.1M, with roughly $476K 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 850 barrels a month, about 213 per wellbore. Its strongest month on the record we hold was January 2017, at 1,325 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 SHOE BAR RANCH "26"
- Who operates SHOE BAR RANCH "26"?
- SHOE BAR RANCH "26" is operated by Rust Oil Corp., Railroad Commission of Texas operator number 737890.
- Where is SHOE BAR RANCH "26"?
- SHOE BAR RANCH "26" is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39649.
- Is SHOE BAR RANCH "26" still producing?
- SHOE BAR RANCH "26" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHOE BAR RANCH "26" is August 2026.
- How much has SHOE BAR RANCH "26" produced?
- SHOE BAR RANCH "26" has reported 184,356 barrels of oil (bbl) to the Railroad Commission of Texas between October 2009 and August 2026, from 4 wellbores.
- How much is SHOE BAR RANCH "26" worth?
- The remaining production from SHOE BAR RANCH "26" is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.6M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHOE BAR RANCH "26" is a fraction of it. The estimate fits an Arps decline curve to the production SHOE BAR RANCH "26" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHOE BAR RANCH "26" is an estimate of value, not an offer and not an appraisal.
- How much income does SHOE BAR RANCH "26" generate in a year?
- SHOE BAR RANCH "26" is forecast to net about $476K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHOE BAR RANCH "26" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rust Oil Corp. |
|---|---|
| Field | Mosswell (Strawn 8720) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 39649 |
| Wellbores | 4 |
| Reported production | 184,356 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where SHOE BAR RANCH "26" 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.