OREDIGGER C

OREDIGGER C 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 November 2019 to August 2026, totalling 266,411 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 $866K, with roughly $446K 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 499 barrels a month. Its strongest month on the record we hold was January 2021, at 31,804 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 OREDIGGER C

Who operates OREDIGGER C?
OREDIGGER C is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
Where is OREDIGGER C?
OREDIGGER C is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54395.
Is OREDIGGER C still producing?
OREDIGGER C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OREDIGGER C is August 2026.
How much has OREDIGGER C produced?
OREDIGGER C has reported 266,411 barrels of oil (bbl) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
How much is OREDIGGER C worth?
The remaining production from OREDIGGER C is estimated to be worth about $866K in total as of 26 August 2026, within a range of $675K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OREDIGGER C is a fraction of it. The estimate fits an Arps decline curve to the production OREDIGGER C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OREDIGGER C is an estimate of value, not an offer and not an appraisal.
How much income does OREDIGGER C generate in a year?
OREDIGGER C is forecast to net about $446K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OREDIGGER C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

OREDIGGER C as filed with the Railroad Commission of Texas
OperatorSM Energy Company
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number54395
Wellbores1
Reported production266,411 bbl
First reported
Last reported
Estimated royalty value$866K

Where OREDIGGER 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.