ALICE "B"
ALICE "B" is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Vess Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from September 2009 to August 2026, totalling 33,679 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 $417K, with roughly $80K 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 110 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was May 2016, at 165 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 ALICE "B"
- Who operates ALICE "B"?
- ALICE "B" is operated by Vess Oil Corporation, Railroad Commission of Texas operator number 884750.
- Where is ALICE "B"?
- ALICE "B" is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39740.
- Is ALICE "B" still producing?
- ALICE "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALICE "B" is August 2026.
- How much has ALICE "B" produced?
- ALICE "B" has reported 33,679 barrels of oil (bbl) to the Railroad Commission of Texas between September 2009 and August 2026, from 2 wellbores.
- How much is ALICE "B" worth?
- The remaining production from ALICE "B" is estimated to be worth about $417K in total as of 26 August 2026, within a range of $325K to $508K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALICE "B" is a fraction of it. The estimate fits an Arps decline curve to the production ALICE "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALICE "B" is an estimate of value, not an offer and not an appraisal.
- How much income does ALICE "B" generate in a year?
- ALICE "B" is forecast to net about $80K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALICE "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vess Oil Corporation |
|---|---|
| Field | Coleman Ranch |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 39740 |
| Wellbores | 2 |
| Reported production | 33,679 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $417K |
Where ALICE "B" 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.