TXL-SMITH
TXL-SMITH is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Incline Energy. It has 2 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 5,657 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 $225K, with roughly $43K 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 58 barrels a month, about 29 per wellbore. Its strongest month on the record we hold was December 2020, at 180 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 TXL-SMITH
- Who operates TXL-SMITH?
- TXL-SMITH is operated by Incline Energy, Railroad Commission of Texas operator number 423656.
- Where is TXL-SMITH?
- TXL-SMITH is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49602.
- Is TXL-SMITH still producing?
- TXL-SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL-SMITH is August 2026.
- How much has TXL-SMITH produced?
- TXL-SMITH has reported 5,657 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 2 wellbores.
- How much is TXL-SMITH worth?
- The remaining production from TXL-SMITH is estimated to be worth about $225K in total as of 26 August 2026, within a range of $124K to $326K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL-SMITH is a fraction of it. The estimate fits an Arps decline curve to the production TXL-SMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL-SMITH is an estimate of value, not an offer and not an appraisal.
- How much income does TXL-SMITH generate in a year?
- TXL-SMITH is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL-SMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Incline Energy |
|---|---|
| Field | Goldsmith, W. (San Andres) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 49602 |
| Wellbores | 2 |
| Reported production | 5,657 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where TXL-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.