TRD
TRD is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 298,680 barrels. The lease is shut in. 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 $61K, with roughly $11K 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 330 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was August 2016, at 7,223 barrels.
Key facts about TRD
- Who operates TRD?
- TRD is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is TRD?
- TRD is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44990.
- Is TRD still producing?
- TRD is shut in. The most recent month of production reported to the Railroad Commission of Texas for TRD is August 2026.
- How much has TRD produced?
- TRD has reported 298,680 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 3 wellbores.
- How much is TRD worth?
- The remaining production from TRD is estimated to be worth about $61K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRD is a fraction of it. The estimate fits an Arps decline curve to the production TRD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRD is an estimate of value, not an offer and not an appraisal.
- How much income does TRD generate in a year?
- TRD is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 44990 |
| Wellbores | 3 |
| Reported production | 298,680 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $61K |
Where TRD 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.