TURNBOW
TURNBOW is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Esperanza Energy Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 151,257 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 $219K, with roughly $42K 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 100 barrels a month. Its strongest month on the record we hold was June 2025, at 490 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 TURNBOW
- Who operates TURNBOW?
- TURNBOW is operated by Esperanza Energy Corp., Railroad Commission of Texas operator number 254344.
- Where is TURNBOW?
- TURNBOW is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 33059.
- Is TURNBOW still producing?
- TURNBOW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURNBOW is August 2026.
- How much has TURNBOW produced?
- TURNBOW has reported 151,257 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TURNBOW worth?
- The remaining production from TURNBOW is estimated to be worth about $219K in total as of 26 August 2026, within a range of $171K to $267K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNBOW is a fraction of it. The estimate fits an Arps decline curve to the production TURNBOW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNBOW is an estimate of value, not an offer and not an appraisal.
- How much income does TURNBOW generate in a year?
- TURNBOW is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TURNBOW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Esperanza Energy Corp. |
|---|---|
| Field | Breedlove (Spraberry) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 33059 |
| Wellbores | 1 |
| Reported production | 151,257 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $219K |
Where TURNBOW 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.