DOUBLE MOUNTIAN 56-7
DOUBLE MOUNTIAN 56-7 is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 48,642 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 $350K, with roughly $67K 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 109 barrels a month. Its strongest month on the record we hold was August 2022, at 492 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 DOUBLE MOUNTIAN 56-7
- Who operates DOUBLE MOUNTIAN 56-7?
- DOUBLE MOUNTIAN 56-7 is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is DOUBLE MOUNTIAN 56-7?
- DOUBLE MOUNTIAN 56-7 is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69830.
- Is DOUBLE MOUNTIAN 56-7 still producing?
- DOUBLE MOUNTIAN 56-7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUBLE MOUNTIAN 56-7 is August 2026.
- How much has DOUBLE MOUNTIAN 56-7 produced?
- DOUBLE MOUNTIAN 56-7 has reported 48,642 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is DOUBLE MOUNTIAN 56-7 worth?
- The remaining production from DOUBLE MOUNTIAN 56-7 is estimated to be worth about $350K in total as of 27 August 2026, within a range of $273K to $427K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUBLE MOUNTIAN 56-7 is a fraction of it. The estimate fits an Arps decline curve to the production DOUBLE MOUNTIAN 56-7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUBLE MOUNTIAN 56-7 is an estimate of value, not an offer and not an appraisal.
- How much income does DOUBLE MOUNTIAN 56-7 generate in a year?
- DOUBLE MOUNTIAN 56-7 is forecast to net about $67K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DOUBLE MOUNTIAN 56-7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Double Mountain (Canyon Sand) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 69830 |
| Wellbores | 1 |
| Reported production | 48,642 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $350K |
Where DOUBLE MOUNTIAN 56-7 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.