MATTHEW PSA 'C'
MATTHEW PSA 'C' is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Cinnabar Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2018 to August 2026, totalling 113,632 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 $1.0M, with roughly $456K 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 864 barrels a month. Its strongest month on the record we hold was May 2018, at 3,980 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 MATTHEW PSA 'C'
- Who operates MATTHEW PSA 'C'?
- MATTHEW PSA 'C' is operated by Cinnabar Operating, LLC, Railroad Commission of Texas operator number 153510.
- Where is MATTHEW PSA 'C'?
- MATTHEW PSA 'C' is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50191.
- Is MATTHEW PSA 'C' still producing?
- MATTHEW PSA 'C' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MATTHEW PSA 'C' is August 2026.
- How much has MATTHEW PSA 'C' produced?
- MATTHEW PSA 'C' has reported 113,632 barrels of oil (bbl) to the Railroad Commission of Texas between February 2018 and August 2026, from 1 wellbore.
- How much is MATTHEW PSA 'C' worth?
- The remaining production from MATTHEW PSA 'C' is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $813K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATTHEW PSA 'C' is a fraction of it. The estimate fits an Arps decline curve to the production MATTHEW PSA 'C' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATTHEW PSA 'C' is an estimate of value, not an offer and not an appraisal.
- How much income does MATTHEW PSA 'C' generate in a year?
- MATTHEW PSA 'C' is forecast to net about $456K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MATTHEW PSA 'C' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cinnabar Operating, LLC |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 50191 |
| Wellbores | 1 |
| Reported production | 113,632 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where MATTHEW PSA 'C' 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.