ODC 'B'
ODC 'B' is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Maxus Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,868,902 thousand cubic feet. 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 $1.9M, with roughly $295K 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 12,796 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 17,181 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 ODC 'B'
- Who operates ODC 'B'?
- ODC 'B' is operated by Maxus Exploration Company, Railroad Commission of Texas operator number 534237.
- Where is ODC 'B'?
- ODC 'B' is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 022011.
- Is ODC 'B' still producing?
- ODC 'B' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ODC 'B' is August 2026.
- How much has ODC 'B' produced?
- ODC 'B' has reported 5,868,902 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ODC 'B' worth?
- The remaining production from ODC 'B' is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ODC 'B' is a fraction of it. The estimate fits an Arps decline curve to the production ODC 'B' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ODC 'B' is an estimate of value, not an offer and not an appraisal.
- How much income does ODC 'B' generate in a year?
- ODC 'B' is forecast to net about $295K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ODC 'B' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maxus Exploration Company |
|---|---|
| Field | Ellis Ranch (Keys) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 022011 |
| Wellbores | 1 |
| Reported production | 5,868,902 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where ODC '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.