TEXACO-R W SMITH
TEXACO-R W SMITH is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 146,810 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 $407K, with roughly $76K 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 87 barrels a month. Its strongest month on the record we hold was February 2017, at 536 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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-R W SMITH
- Who operates TEXACO-R W SMITH?
- TEXACO-R W SMITH is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is TEXACO-R W SMITH?
- TEXACO-R W SMITH is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34798.
- Is TEXACO-R W SMITH still producing?
- TEXACO-R W SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO-R W SMITH is August 2026.
- How much has TEXACO-R W SMITH produced?
- TEXACO-R W SMITH has reported 146,810 barrels of oil (bbl) to the Railroad Commission of Texas between October 1995 and August 2026, from 1 wellbore.
- How much is TEXACO-R W SMITH worth?
- The remaining production from TEXACO-R W SMITH is estimated to be worth about $407K in total as of 26 August 2026, within a range of $224K to $590K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO-R W SMITH is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO-R W SMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO-R W SMITH is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO-R W SMITH generate in a year?
- TEXACO-R W SMITH is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO-R W SMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Cowden, North (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 34798 |
| Wellbores | 1 |
| Reported production | 146,810 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $407K |
Where TEXACO-R W SMITH 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.