ACT B
ACT B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Qep Energy Company. It has 3 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 505,813 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 $314K, with roughly $201K 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 487 barrels a month, about 162 per wellbore. Its strongest month on the record we hold was May 2018, at 48,018 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 ACT B
- Who operates ACT B?
- ACT B is operated by Qep Energy Company, Railroad Commission of Texas operator number 684474.
- Where is ACT B?
- ACT B is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50772.
- Is ACT B still producing?
- ACT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ACT B is August 2026.
- How much has ACT B produced?
- ACT B has reported 505,813 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 3 wellbores.
- How much is ACT B worth?
- The remaining production from ACT B is estimated to be worth about $314K in total as of 26 August 2026, within a range of $245K to $384K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ACT B is a fraction of it. The estimate fits an Arps decline curve to the production ACT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ACT B is an estimate of value, not an offer and not an appraisal.
- How much income does ACT B generate in a year?
- ACT B is forecast to net about $201K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ACT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Qep Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 50772 |
| Wellbores | 3 |
| Reported production | 505,813 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $314K |
Where ACT B 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.