CORONA
CORONA is a Texas oil lease in Guadalupe County, Railroad Commission district 01, operated by Source Petroleum Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,318 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 $31K, with roughly $6K 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 8 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was May 2016, at 17 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CORONA
- Who operates CORONA?
- CORONA is operated by Source Petroleum Inc., Railroad Commission of Texas operator number 802667.
- Where is CORONA?
- CORONA is a Texas oil lease in Guadalupe County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 06751.
- Is CORONA still producing?
- CORONA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORONA is August 2026.
- How much has CORONA produced?
- CORONA has reported 4,318 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is CORONA worth?
- The remaining production from CORONA is estimated to be worth about $31K in total as of 26 August 2026, within a range of $0 to $63K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORONA is a fraction of it. The estimate fits an Arps decline curve to the production CORONA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORONA is an estimate of value, not an offer and not an appraisal.
- How much income does CORONA generate in a year?
- CORONA is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORONA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Source Petroleum Inc. |
|---|---|
| Field | La Vernia |
| County | Guadalupe County, Texas |
| RRC district | 01 |
| Lease number | 06751 |
| Wellbores | 4 |
| Reported production | 4,318 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where CORONA 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.