REMUS
REMUS is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 1,616 barrels. The lease is intermittent. 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 $849K, with roughly $192K 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 269 barrels a month. Its strongest month on the record we hold was February 2026, at 504 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 REMUS
- Who operates REMUS?
- REMUS is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
- Where is REMUS?
- REMUS is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32848.
- Is REMUS still producing?
- REMUS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for REMUS is August 2026.
- How much has REMUS produced?
- REMUS has reported 1,616 barrels of oil (bbl) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is REMUS worth?
- The remaining production from REMUS is estimated to be worth about $849K in total as of 27 August 2026, within a range of $662K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REMUS is a fraction of it. The estimate fits an Arps decline curve to the production REMUS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REMUS is an estimate of value, not an offer and not an appraisal.
- How much income does REMUS generate in a year?
- REMUS is forecast to net about $192K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REMUS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Round Top (Palo Pinto Reef) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 32848 |
| Wellbores | 1 |
| Reported production | 1,616 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $849K |
Where REMUS 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.