CUSTERS, RUBY
CUSTERS, RUBY is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Ross, Dwight M. DRLG. Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,161 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 $176K, with roughly $34K 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 45 barrels a month. Its strongest month on the record we hold was February 2019, at 119 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 CUSTERS, RUBY
- Who operates CUSTERS, RUBY?
- CUSTERS, RUBY is operated by Ross, Dwight M. DRLG. Co., Inc., Railroad Commission of Texas operator number 729415.
- Where is CUSTERS, RUBY?
- CUSTERS, RUBY is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 18271.
- Is CUSTERS, RUBY still producing?
- CUSTERS, RUBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUSTERS, RUBY is August 2026.
- How much has CUSTERS, RUBY produced?
- CUSTERS, RUBY has reported 20,161 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CUSTERS, RUBY worth?
- The remaining production from CUSTERS, RUBY is estimated to be worth about $176K in total as of 26 August 2026, within a range of $97K to $255K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUSTERS, RUBY is a fraction of it. The estimate fits an Arps decline curve to the production CUSTERS, RUBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUSTERS, RUBY is an estimate of value, not an offer and not an appraisal.
- How much income does CUSTERS, RUBY generate in a year?
- CUSTERS, RUBY is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CUSTERS, RUBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ross, Dwight M. DRLG. Co., Inc. |
|---|---|
| Field | Bowers (Davenport) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 18271 |
| Wellbores | 1 |
| Reported production | 20,161 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $176K |
Where CUSTERS, RUBY 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.