COUNTY LINE (ALLOCATION)
COUNTY LINE (ALLOCATION) is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Woodbine Acquisition LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 133,391 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 $131K, with roughly $23K 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 34 barrels a month. Its strongest month on the record we hold was January 2017, at 887 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 COUNTY LINE (ALLOCATION)
- Who operates COUNTY LINE (ALLOCATION)?
- COUNTY LINE (ALLOCATION) is operated by Woodbine Acquisition LLC, Railroad Commission of Texas operator number 937857.
- Where is COUNTY LINE (ALLOCATION)?
- COUNTY LINE (ALLOCATION) is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27005.
- Is COUNTY LINE (ALLOCATION) still producing?
- COUNTY LINE (ALLOCATION) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COUNTY LINE (ALLOCATION) is August 2026.
- How much has COUNTY LINE (ALLOCATION) produced?
- COUNTY LINE (ALLOCATION) has reported 133,391 barrels of oil (bbl) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
- How much is COUNTY LINE (ALLOCATION) worth?
- The remaining production from COUNTY LINE (ALLOCATION) is estimated to be worth about $131K in total as of 26 August 2026, within a range of $72K to $189K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COUNTY LINE (ALLOCATION) is a fraction of it. The estimate fits an Arps decline curve to the production COUNTY LINE (ALLOCATION) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COUNTY LINE (ALLOCATION) is an estimate of value, not an offer and not an appraisal.
- How much income does COUNTY LINE (ALLOCATION) generate in a year?
- COUNTY LINE (ALLOCATION) is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COUNTY LINE (ALLOCATION) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Woodbine Acquisition LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27005 |
| Wellbores | 1 |
| Reported production | 133,391 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $131K |
Where COUNTY LINE (ALLOCATION) 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.