DUSTY
DUSTY is a Texas oil lease in Howard County, Railroad Commission district 08, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 318,740 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 $5.4M, with roughly $1.2M 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 1,829 barrels a month. Its strongest month on the record we hold was October 2019, at 26,167 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 DUSTY
- Who operates DUSTY?
- DUSTY is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is DUSTY?
- DUSTY is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52330.
- Is DUSTY still producing?
- DUSTY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUSTY is August 2026.
- How much has DUSTY produced?
- DUSTY has reported 318,740 barrels of oil (bbl) to the Railroad Commission of Texas between July 2019 and August 2026, from 1 wellbore.
- How much is DUSTY worth?
- The remaining production from DUSTY is estimated to be worth about $5.4M in total as of 26 August 2026, within a range of $4.5M to $6.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUSTY is a fraction of it. The estimate fits an Arps decline curve to the production DUSTY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUSTY is an estimate of value, not an offer and not an appraisal.
- How much income does DUSTY generate in a year?
- DUSTY is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUSTY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 52330 |
| Wellbores | 1 |
| Reported production | 318,740 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.4M |
Where DUSTY 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.