COLEMAN RANCH-97
COLEMAN RANCH-97 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Firstrike Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 13,956 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 $532K, with roughly $102K 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 132 barrels a month. Its strongest month on the record we hold was March 2020, at 664 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 COLEMAN RANCH-97
- Who operates COLEMAN RANCH-97?
- COLEMAN RANCH-97 is operated by Firstrike Energy Corporation, Railroad Commission of Texas operator number 269066.
- Where is COLEMAN RANCH-97?
- COLEMAN RANCH-97 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54069.
- Is COLEMAN RANCH-97 still producing?
- COLEMAN RANCH-97 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLEMAN RANCH-97 is August 2026.
- How much has COLEMAN RANCH-97 produced?
- COLEMAN RANCH-97 has reported 13,956 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is COLEMAN RANCH-97 worth?
- The remaining production from COLEMAN RANCH-97 is estimated to be worth about $532K in total as of 26 August 2026, within a range of $415K to $649K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLEMAN RANCH-97 is a fraction of it. The estimate fits an Arps decline curve to the production COLEMAN RANCH-97 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLEMAN RANCH-97 is an estimate of value, not an offer and not an appraisal.
- How much income does COLEMAN RANCH-97 generate in a year?
- COLEMAN RANCH-97 is forecast to net about $102K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLEMAN RANCH-97 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Firstrike Energy Corporation |
|---|---|
| Field | Coleman Ranch, N. (Clear Fork) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 54069 |
| Wellbores | 1 |
| Reported production | 13,956 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $532K |
Where COLEMAN RANCH-97 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.