CELESTE "B"
CELESTE "B" is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Tumble Weed Production Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,818 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 $334K, with roughly $64K 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 57 barrels a month. Its strongest month on the record we hold was August 2020, at 322 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 CELESTE "B"
- Who operates CELESTE "B"?
- CELESTE "B" is operated by Tumble Weed Production Co., Railroad Commission of Texas operator number 872640.
- Where is CELESTE "B"?
- CELESTE "B" is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06616.
- Is CELESTE "B" still producing?
- CELESTE "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CELESTE "B" is August 2026.
- How much has CELESTE "B" produced?
- CELESTE "B" has reported 36,818 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CELESTE "B" worth?
- The remaining production from CELESTE "B" is estimated to be worth about $334K in total as of 26 August 2026, within a range of $184K to $484K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CELESTE "B" is a fraction of it. The estimate fits an Arps decline curve to the production CELESTE "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CELESTE "B" is an estimate of value, not an offer and not an appraisal.
- How much income does CELESTE "B" generate in a year?
- CELESTE "B" is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CELESTE "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tumble Weed Production Co. |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 06616 |
| Wellbores | 1 |
| Reported production | 36,818 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $334K |
Where CELESTE "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.