SNEED "B-12-5"
SNEED "B-12-5" is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Comstock Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,607 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 $5K, with roughly $1K 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 5 barrels a month. Its strongest month on the record we hold was July 2016, at 47 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SNEED "B-12-5"
- Who operates SNEED "B-12-5"?
- SNEED "B-12-5" is operated by Comstock Oil & Gas, Inc., Railroad Commission of Texas operator number 170054.
- Where is SNEED "B-12-5"?
- SNEED "B-12-5" is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06859.
- Is SNEED "B-12-5" still producing?
- SNEED "B-12-5" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNEED "B-12-5" is August 2026.
- How much has SNEED "B-12-5" produced?
- SNEED "B-12-5" has reported 2,607 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SNEED "B-12-5" worth?
- The remaining production from SNEED "B-12-5" is estimated to be worth about $5K in total as of 26 August 2026, within a range of $0 to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNEED "B-12-5" is a fraction of it. The estimate fits an Arps decline curve to the production SNEED "B-12-5" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNEED "B-12-5" is an estimate of value, not an offer and not an appraisal.
- How much income does SNEED "B-12-5" generate in a year?
- SNEED "B-12-5" is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNEED "B-12-5" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Comstock Oil & Gas, Inc. |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 06859 |
| Wellbores | 1 |
| Reported production | 2,607 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where SNEED "B-12-5" 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.