COURSON RANCH 157
COURSON RANCH 157 is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Latigo Petroleum Texas, LP. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 24,166 barrels. The lease is intermittent. 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 $28K, with roughly $4K 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 1 barrels a month. Its strongest month on the record we hold was April 2017, at 114 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 COURSON RANCH 157
- Who operates COURSON RANCH 157?
- COURSON RANCH 157 is operated by Latigo Petroleum Texas, LP, Railroad Commission of Texas operator number 488245.
- Where is COURSON RANCH 157?
- COURSON RANCH 157 is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07894.
- Is COURSON RANCH 157 still producing?
- COURSON RANCH 157 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for COURSON RANCH 157 is August 2026.
- How much has COURSON RANCH 157 produced?
- COURSON RANCH 157 has reported 24,166 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is COURSON RANCH 157 worth?
- The remaining production from COURSON RANCH 157 is estimated to be worth about $28K in total as of 27 August 2026, within a range of $0 to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSON RANCH 157 is a fraction of it. The estimate fits an Arps decline curve to the production COURSON RANCH 157 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSON RANCH 157 is an estimate of value, not an offer and not an appraisal.
- How much income does COURSON RANCH 157 generate in a year?
- COURSON RANCH 157 is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COURSON RANCH 157 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum Texas, LP |
|---|---|
| Field | Lips (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 07894 |
| Wellbores | 1 |
| Reported production | 24,166 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $28K |
Where COURSON RANCH 157 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.