SOUTH CURTIS RANCH 3407LP
SOUTH CURTIS RANCH 3407LP is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Occidental Permian Ltd. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 272,656 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 $838K, with roughly $427K 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 802 barrels a month. Its strongest month on the record we hold was May 2021, at 25,836 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 SOUTH CURTIS RANCH 3407LP
- Who operates SOUTH CURTIS RANCH 3407LP?
- SOUTH CURTIS RANCH 3407LP is operated by Occidental Permian Ltd., Railroad Commission of Texas operator number 617544.
- Where is SOUTH CURTIS RANCH 3407LP?
- SOUTH CURTIS RANCH 3407LP is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57503.
- Is SOUTH CURTIS RANCH 3407LP still producing?
- SOUTH CURTIS RANCH 3407LP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH CURTIS RANCH 3407LP is August 2026.
- How much has SOUTH CURTIS RANCH 3407LP produced?
- SOUTH CURTIS RANCH 3407LP has reported 272,656 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is SOUTH CURTIS RANCH 3407LP worth?
- The remaining production from SOUTH CURTIS RANCH 3407LP is estimated to be worth about $838K in total as of 27 August 2026, within a range of $653K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH CURTIS RANCH 3407LP is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH CURTIS RANCH 3407LP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH CURTIS RANCH 3407LP is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH CURTIS RANCH 3407LP generate in a year?
- SOUTH CURTIS RANCH 3407LP is forecast to net about $427K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH CURTIS RANCH 3407LP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 57503 |
| Wellbores | 1 |
| Reported production | 272,656 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $838K |
Where SOUTH CURTIS RANCH 3407LP 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.