TURNER-LASSETER
TURNER-LASSETER is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Hrubetz Operating Company. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 103,088 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 $410K, with roughly $79K 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 81 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was December 2020, at 272 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 TURNER-LASSETER
- Who operates TURNER-LASSETER?
- TURNER-LASSETER is operated by Hrubetz Operating Company, Railroad Commission of Texas operator number 407786.
- Where is TURNER-LASSETER?
- TURNER-LASSETER is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 10155.
- Is TURNER-LASSETER still producing?
- TURNER-LASSETER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURNER-LASSETER is August 2026.
- How much has TURNER-LASSETER produced?
- TURNER-LASSETER has reported 103,088 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is TURNER-LASSETER worth?
- The remaining production from TURNER-LASSETER is estimated to be worth about $410K in total as of 27 August 2026, within a range of $226K to $595K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNER-LASSETER is a fraction of it. The estimate fits an Arps decline curve to the production TURNER-LASSETER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNER-LASSETER is an estimate of value, not an offer and not an appraisal.
- How much income does TURNER-LASSETER generate in a year?
- TURNER-LASSETER is forecast to net about $79K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TURNER-LASSETER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hrubetz Operating Company |
|---|---|
| Field | Turner-Gregory (Clear Fork) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 10155 |
| Wellbores | 9 |
| Reported production | 103,088 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $410K |
Where TURNER-LASSETER 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.