VANCE
VANCE is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by D & D Oil Co. #1. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 18,143 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 $256K, 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 47 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was April 2025, at 84 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 VANCE
- Who operates VANCE?
- VANCE is operated by D & D Oil Co. #1, Railroad Commission of Texas operator number 195933.
- Where is VANCE?
- VANCE is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64346.
- Is VANCE still producing?
- VANCE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VANCE is August 2026.
- How much has VANCE produced?
- VANCE has reported 18,143 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is VANCE worth?
- The remaining production from VANCE is estimated to be worth about $256K in total as of 26 August 2026, within a range of $141K to $371K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VANCE is a fraction of it. The estimate fits an Arps decline curve to the production VANCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VANCE is an estimate of value, not an offer and not an appraisal.
- How much income does VANCE generate in a year?
- VANCE 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 VANCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | D & D Oil Co. #1 |
|---|---|
| Field | Post (Glorieta) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 64346 |
| Wellbores | 2 |
| Reported production | 18,143 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $256K |
Where VANCE 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.