THE CIRCLE 8 RANCH UNIT D
THE CIRCLE 8 RANCH UNIT D is a Texas oil lease in Hartley County, Railroad Commission district 10, operated by DDD Exploration, Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 213,431 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 $1.8M, with roughly $805K 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 1,468 barrels a month, about 367 per wellbore. Its strongest month on the record we hold was November 2021, at 5,215 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 THE CIRCLE 8 RANCH UNIT D
- Who operates THE CIRCLE 8 RANCH UNIT D?
- THE CIRCLE 8 RANCH UNIT D is operated by DDD Exploration, Inc., Railroad Commission of Texas operator number 195908.
- Where is THE CIRCLE 8 RANCH UNIT D?
- THE CIRCLE 8 RANCH UNIT D is a Texas oil lease in Hartley County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09701.
- Is THE CIRCLE 8 RANCH UNIT D still producing?
- THE CIRCLE 8 RANCH UNIT D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THE CIRCLE 8 RANCH UNIT D is August 2026.
- How much has THE CIRCLE 8 RANCH UNIT D produced?
- THE CIRCLE 8 RANCH UNIT D has reported 213,431 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 4 wellbores.
- How much is THE CIRCLE 8 RANCH UNIT D worth?
- The remaining production from THE CIRCLE 8 RANCH UNIT D is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THE CIRCLE 8 RANCH UNIT D is a fraction of it. The estimate fits an Arps decline curve to the production THE CIRCLE 8 RANCH UNIT D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THE CIRCLE 8 RANCH UNIT D is an estimate of value, not an offer and not an appraisal.
- How much income does THE CIRCLE 8 RANCH UNIT D generate in a year?
- THE CIRCLE 8 RANCH UNIT D is forecast to net about $805K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THE CIRCLE 8 RANCH UNIT D receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | DDD Exploration, Inc. |
|---|---|
| Field | Rehm (Granite Wash) |
| County | Hartley County, Texas |
| RRC district | 10 |
| Lease number | 09701 |
| Wellbores | 4 |
| Reported production | 213,431 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where THE CIRCLE 8 RANCH UNIT D 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.