TORRENS
TORRENS is a Texas oil lease in Marion County, Railroad Commission district 06, operated by Ark-La-Tex Energy, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 34,574 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 $40K, with roughly $8K 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was May 2016, at 996 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 TORRENS
- Who operates TORRENS?
- TORRENS is operated by Ark-La-Tex Energy, L.L.C., Railroad Commission of Texas operator number 030584.
- Where is TORRENS?
- TORRENS is a Texas oil lease in Marion County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15343.
- Is TORRENS still producing?
- TORRENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TORRENS is August 2026.
- How much has TORRENS produced?
- TORRENS has reported 34,574 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 2 wellbores.
- How much is TORRENS worth?
- The remaining production from TORRENS is estimated to be worth about $40K in total as of 26 August 2026, within a range of $22K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TORRENS is a fraction of it. The estimate fits an Arps decline curve to the production TORRENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TORRENS is an estimate of value, not an offer and not an appraisal.
- How much income does TORRENS generate in a year?
- TORRENS is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TORRENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ark-La-Tex Energy, L.L.C. |
|---|---|
| Field | Ware (Pettit) |
| County | Marion County, Texas |
| RRC district | 06 |
| Lease number | 15343 |
| Wellbores | 2 |
| Reported production | 34,574 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where TORRENS 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.