DOUGLAS "26"
DOUGLAS "26" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Petroplex Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 94,205 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 $752K, with roughly $139K 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 184 barrels a month. Its strongest month on the record we hold was May 2021, at 1,247 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 DOUGLAS "26"
- Who operates DOUGLAS "26"?
- DOUGLAS "26" is operated by Petroplex Energy Inc., Railroad Commission of Texas operator number 660886.
- Where is DOUGLAS "26"?
- DOUGLAS "26" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40764.
- Is DOUGLAS "26" still producing?
- DOUGLAS "26" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUGLAS "26" is August 2026.
- How much has DOUGLAS "26" produced?
- DOUGLAS "26" has reported 94,205 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 1 wellbore.
- How much is DOUGLAS "26" worth?
- The remaining production from DOUGLAS "26" is estimated to be worth about $752K in total as of 26 August 2026, within a range of $587K to $918K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUGLAS "26" is a fraction of it. The estimate fits an Arps decline curve to the production DOUGLAS "26" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUGLAS "26" is an estimate of value, not an offer and not an appraisal.
- How much income does DOUGLAS "26" generate in a year?
- DOUGLAS "26" is forecast to net about $139K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOUGLAS "26" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroplex Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 40764 |
| Wellbores | 1 |
| Reported production | 94,205 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $752K |
Where DOUGLAS "26" 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.