SNEED "B-12-9"
SNEED "B-12-9" is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Comstock Oil & Gas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 842 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 $67K, with roughly $9K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was November 2025, at 6 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-12-9"
- Who operates SNEED "B-12-9"?
- SNEED "B-12-9" is operated by Comstock Oil & Gas, Inc., Railroad Commission of Texas operator number 170054.
- Where is SNEED "B-12-9"?
- SNEED "B-12-9" is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06171.
- Is SNEED "B-12-9" still producing?
- SNEED "B-12-9" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNEED "B-12-9" is August 2026.
- How much has SNEED "B-12-9" produced?
- SNEED "B-12-9" has reported 842 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SNEED "B-12-9" worth?
- The remaining production from SNEED "B-12-9" is estimated to be worth about $67K in total as of 26 August 2026, within a range of $0 to $134K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNEED "B-12-9" is a fraction of it. The estimate fits an Arps decline curve to the production SNEED "B-12-9" 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-12-9" is an estimate of value, not an offer and not an appraisal.
- How much income does SNEED "B-12-9" generate in a year?
- SNEED "B-12-9" is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNEED "B-12-9" 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 | 06171 |
| Wellbores | 2 |
| Reported production | 842 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $67K |
Where SNEED "B-12-9" 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.