TEXACO "C"
TEXACO "C" is a Texas oil lease in Midland County, Railroad Commission district 7C, operated by Mobil Producing TX. & N.M. Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1995 to August 2026, totalling 102,349 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 $719K, with roughly $132K 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 145 barrels a month. Its strongest month on the record we hold was March 2017, at 671 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 TEXACO "C"
- Who operates TEXACO "C"?
- TEXACO "C" is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is TEXACO "C"?
- TEXACO "C" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 13896.
- Is TEXACO "C" still producing?
- TEXACO "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO "C" is August 2026.
- How much has TEXACO "C" produced?
- TEXACO "C" has reported 102,349 barrels of oil (bbl) to the Railroad Commission of Texas between August 1995 and August 2026, from 1 wellbore.
- How much is TEXACO "C" worth?
- The remaining production from TEXACO "C" is estimated to be worth about $719K in total as of 26 August 2026, within a range of $561K to $877K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO "C" is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO "C" is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO "C" generate in a year?
- TEXACO "C" is forecast to net about $132K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Pegasus (Devonian) |
| County | Midland County, Texas |
| RRC district | 7C |
| Lease number | 13896 |
| Wellbores | 1 |
| Reported production | 102,349 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $719K |
Where TEXACO "C" 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.