TEXACO FEE "27"
TEXACO FEE "27" is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Geocrown, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1997 to August 2026, totalling 7,449 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 $16K, with roughly $3K 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 4 barrels a month. Its strongest month on the record we hold was August 2018, at 40 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 TEXACO FEE "27"
- Who operates TEXACO FEE "27"?
- TEXACO FEE "27" is operated by Geocrown, Inc., Railroad Commission of Texas operator number 300393.
- Where is TEXACO FEE "27"?
- TEXACO FEE "27" is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35471.
- Is TEXACO FEE "27" still producing?
- TEXACO FEE "27" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO FEE "27" is August 2026.
- How much has TEXACO FEE "27" produced?
- TEXACO FEE "27" has reported 7,449 barrels of oil (bbl) to the Railroad Commission of Texas between July 1997 and August 2026, from 1 wellbore.
- How much is TEXACO FEE "27" worth?
- The remaining production from TEXACO FEE "27" is estimated to be worth about $16K in total as of 27 August 2026, within a range of $0 to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO FEE "27" is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO FEE "27" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO FEE "27" is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO FEE "27" generate in a year?
- TEXACO FEE "27" is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXACO FEE "27" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geocrown, Inc. |
|---|---|
| Field | Tunstill |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 35471 |
| Wellbores | 1 |
| Reported production | 7,449 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where TEXACO FEE "27" 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.