RANCH
RANCH is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Michaelson Producing Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,497 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 $43K, with roughly $8K 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 11 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was July 2016, at 88 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 RANCH
- Who operates RANCH?
- RANCH is operated by Michaelson Producing Company, Railroad Commission of Texas operator number 564150.
- Where is RANCH?
- RANCH is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 09289.
- Is RANCH still producing?
- RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANCH is August 2026.
- How much has RANCH produced?
- RANCH has reported 34,497 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is RANCH worth?
- The remaining production from RANCH is estimated to be worth about $43K in total as of 26 August 2026, within a range of $23K to $62K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANCH is a fraction of it. The estimate fits an Arps decline curve to the production RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does RANCH generate in a year?
- RANCH is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Michaelson Producing Company |
|---|---|
| Field | John Scott (Grayburg) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 09289 |
| Wellbores | 4 |
| Reported production | 34,497 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where RANCH 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.