POST OAK B
POST OAK B is a Texas oil lease in Robertson County, Railroad Commission district 03, operated by Northfield Enterprises, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2002 to August 2026, totalling 183,533 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 $232K, with roughly $45K 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 63 barrels a month. Its strongest month on the record we hold was June 2016, at 834 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 POST OAK B
- Who operates POST OAK B?
- POST OAK B is operated by Northfield Enterprises, Inc., Railroad Commission of Texas operator number 614551.
- Where is POST OAK B?
- POST OAK B is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24397.
- Is POST OAK B still producing?
- POST OAK B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POST OAK B is August 2026.
- How much has POST OAK B produced?
- POST OAK B has reported 183,533 barrels of oil (bbl) to the Railroad Commission of Texas between November 2002 and August 2026, from 1 wellbore.
- How much is POST OAK B worth?
- The remaining production from POST OAK B is estimated to be worth about $232K in total as of 26 August 2026, within a range of $127K to $336K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POST OAK B is a fraction of it. The estimate fits an Arps decline curve to the production POST OAK B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POST OAK B is an estimate of value, not an offer and not an appraisal.
- How much income does POST OAK B generate in a year?
- POST OAK B is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POST OAK B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Northfield Enterprises, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Robertson County, Texas |
| RRC district | 03 |
| Lease number | 24397 |
| Wellbores | 1 |
| Reported production | 183,533 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $232K |
Where POST OAK 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.