COMBS-PATMAN UNIT
COMBS-PATMAN UNIT is a Texas oil lease in Jackson County, Railroad Commission district 02, operated by Rincon Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 38,724 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 $374K, with roughly $72K 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 97 barrels a month. Its strongest month on the record we hold was April 2020, at 333 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 COMBS-PATMAN UNIT
- Who operates COMBS-PATMAN UNIT?
- COMBS-PATMAN UNIT is operated by Rincon Petroleum Corporation, Railroad Commission of Texas operator number 712336.
- Where is COMBS-PATMAN UNIT?
- COMBS-PATMAN UNIT is a Texas oil lease in Jackson County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10805.
- Is COMBS-PATMAN UNIT still producing?
- COMBS-PATMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COMBS-PATMAN UNIT is August 2026.
- How much has COMBS-PATMAN UNIT produced?
- COMBS-PATMAN UNIT has reported 38,724 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
- How much is COMBS-PATMAN UNIT worth?
- The remaining production from COMBS-PATMAN UNIT is estimated to be worth about $374K in total as of 27 August 2026, within a range of $206K to $543K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COMBS-PATMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COMBS-PATMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COMBS-PATMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COMBS-PATMAN UNIT generate in a year?
- COMBS-PATMAN UNIT is forecast to net about $72K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COMBS-PATMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rincon Petroleum Corporation |
|---|---|
| Field | Little Kentucky (Frio 5650) |
| County | Jackson County, Texas |
| RRC district | 02 |
| Lease number | 10805 |
| Wellbores | 1 |
| Reported production | 38,724 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $374K |
Where COMBS-PATMAN UNIT 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.