BORN 1076
BORN 1076 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Corlena Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 24,945 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 $204K, with roughly $39K 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 49 barrels a month. Its strongest month on the record we hold was February 2017, at 210 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 BORN 1076
- Who operates BORN 1076?
- BORN 1076 is operated by Corlena Oil Company, Railroad Commission of Texas operator number 178450.
- Where is BORN 1076?
- BORN 1076 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08490.
- Is BORN 1076 still producing?
- BORN 1076 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BORN 1076 is August 2026.
- How much has BORN 1076 produced?
- BORN 1076 has reported 24,945 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is BORN 1076 worth?
- The remaining production from BORN 1076 is estimated to be worth about $204K in total as of 26 August 2026, within a range of $112K to $296K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BORN 1076 is a fraction of it. The estimate fits an Arps decline curve to the production BORN 1076 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BORN 1076 is an estimate of value, not an offer and not an appraisal.
- How much income does BORN 1076 generate in a year?
- BORN 1076 is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BORN 1076 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corlena Oil Company |
|---|---|
| Field | Kiowa Creek (Marmaton) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08490 |
| Wellbores | 1 |
| Reported production | 24,945 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $204K |
Where BORN 1076 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.