PRICE, CURTIS
PRICE, CURTIS is a Texas oil lease in Midland County, Railroad Commission district 08, operated by WTG Exploration. It has 1 wellbore on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 49,172 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 $150K, with roughly $29K 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 24 barrels a month. Its strongest month on the record we hold was January 2019, at 711 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 PRICE, CURTIS
- Who operates PRICE, CURTIS?
- PRICE, CURTIS is operated by WTG Exploration, Railroad Commission of Texas operator number 945220.
- Where is PRICE, CURTIS?
- PRICE, CURTIS is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38398.
- Is PRICE, CURTIS still producing?
- PRICE, CURTIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRICE, CURTIS is August 2026.
- How much has PRICE, CURTIS produced?
- PRICE, CURTIS has reported 49,172 barrels of oil (bbl) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is PRICE, CURTIS worth?
- The remaining production from PRICE, CURTIS is estimated to be worth about $150K in total as of 27 August 2026, within a range of $82K to $217K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRICE, CURTIS is a fraction of it. The estimate fits an Arps decline curve to the production PRICE, CURTIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRICE, CURTIS is an estimate of value, not an offer and not an appraisal.
- How much income does PRICE, CURTIS generate in a year?
- PRICE, CURTIS is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRICE, CURTIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WTG Exploration |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 38398 |
| Wellbores | 1 |
| Reported production | 49,172 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $150K |
Where PRICE, CURTIS 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.