SCOTT 12
SCOTT 12 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Bright & Co. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 53,500 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 $314K, with roughly $60K 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 78 barrels a month. Its strongest month on the record we hold was July 2017, at 442 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 SCOTT 12
- Who operates SCOTT 12?
- SCOTT 12 is operated by Bright & Co., Railroad Commission of Texas operator number 093125.
- Where is SCOTT 12?
- SCOTT 12 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39977.
- Is SCOTT 12 still producing?
- SCOTT 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCOTT 12 is August 2026.
- How much has SCOTT 12 produced?
- SCOTT 12 has reported 53,500 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is SCOTT 12 worth?
- The remaining production from SCOTT 12 is estimated to be worth about $314K in total as of 27 August 2026, within a range of $173K to $456K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCOTT 12 is a fraction of it. The estimate fits an Arps decline curve to the production SCOTT 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCOTT 12 is an estimate of value, not an offer and not an appraisal.
- How much income does SCOTT 12 generate in a year?
- SCOTT 12 is forecast to net about $60K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCOTT 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bright & Co. |
|---|---|
| Field | Walter (Wolfcamp) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 39977 |
| Wellbores | 1 |
| Reported production | 53,500 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $314K |
Where SCOTT 12 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.