TURMAN

TURMAN is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Texas American Resources Company. It has 12 wellbores on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 1,148,645 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 $9.5M, with roughly $2.3M 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 3,058 barrels a month, about 255 per wellbore. Its strongest month on the record we hold was September 2017, at 64,345 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TURMAN

Who operates TURMAN?
TURMAN is operated by Texas American Resources Company, Railroad Commission of Texas operator number 844344.
Where is TURMAN?
TURMAN is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15855.
Is TURMAN still producing?
TURMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURMAN is August 2026.
How much has TURMAN produced?
TURMAN has reported 1,148,645 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 12 wellbores.
How much is TURMAN worth?
The remaining production from TURMAN is estimated to be worth about $9.5M in total as of 27 August 2026, within a range of $7.9M to $11.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURMAN is a fraction of it. The estimate fits an Arps decline curve to the production TURMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURMAN is an estimate of value, not an offer and not an appraisal.
How much income does TURMAN generate in a year?
TURMAN is forecast to net about $2.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TURMAN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TURMAN as filed with the Railroad Commission of Texas
OperatorTexas American Resources Company
FieldBriscoe Ranch (Eagleford)
CountyFrio County, Texas
RRC district01
Lease number15855
Wellbores12
Reported production1,148,645 bbl
First reported
Last reported
Estimated royalty value$9.5M

Where TURMAN 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.