THE TEXAS CO.
THE TEXAS CO. is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Saratoga Energy Corporation. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 65,727 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 $219K, with roughly $42K 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 59 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was September 2018, at 293 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 THE TEXAS CO.
- Who operates THE TEXAS CO.?
- THE TEXAS CO. is operated by Saratoga Energy Corporation, Railroad Commission of Texas operator number 748435.
- Where is THE TEXAS CO.?
- THE TEXAS CO. is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 00237.
- Is THE TEXAS CO. still producing?
- THE TEXAS CO. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THE TEXAS CO. is August 2026.
- How much has THE TEXAS CO. produced?
- THE TEXAS CO. has reported 65,727 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is THE TEXAS CO. worth?
- The remaining production from THE TEXAS CO. is estimated to be worth about $219K in total as of 27 August 2026, within a range of $120K to $317K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THE TEXAS CO. is a fraction of it. The estimate fits an Arps decline curve to the production THE TEXAS CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THE TEXAS CO. is an estimate of value, not an offer and not an appraisal.
- How much income does THE TEXAS CO. generate in a year?
- THE TEXAS CO. is forecast to net about $42K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THE TEXAS CO. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Saratoga Energy Corporation |
|---|---|
| Field | Batson Old |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 00237 |
| Wellbores | 10 |
| Reported production | 65,727 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $219K |
Where THE TEXAS CO. 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.