SRH-B-

SRH-B- is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Broad Oak Energy, Inc. It has 39 wellbores on file with the Commission. Reported production runs from December 2008 to August 2026, totalling 964,642 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 $1.4M, with roughly $509K 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 627 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was August 2016, at 4,933 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SRH-B-

Who operates SRH-B-?: SRH-B- is operated by Broad Oak Energy, Inc., Railroad Commission of Texas operator number 094741.
Where is SRH-B-?: SRH-B- is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16807.
Is SRH-B- still producing?: SRH-B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SRH-B- is August 2026.
How much has SRH-B- produced?: SRH-B- has reported 964,642 barrels of oil (bbl) to the Railroad Commission of Texas between December 2008 and August 2026, from 39 wellbores.
How much is SRH-B- worth?: The remaining production from SRH-B- is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SRH-B- is a fraction of it. The estimate fits an Arps decline curve to the production SRH-B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SRH-B- is an estimate of value, not an offer and not an appraisal.
How much income does SRH-B- generate in a year?: SRH-B- is forecast to net about $509K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SRH-B- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SRH-B- as filed with the Railroad Commission of Texas
Operator	Broad Oak Energy, Inc.
Field	Spraberry (Trend Area)
County	Reagan County, Texas
RRC district	7C
Lease number	16807
Wellbores	39
Reported production	964,642 bbl
First reported	December 2008
Last reported	August 2026
Estimated royalty value	$1.4M

Where SRH-B- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.