NITSCH, C. ESTATE
NITSCH, C. ESTATE is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Green Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 29,863 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 $295K, with roughly $57K 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 84 barrels a month. Its strongest month on the record we hold was December 2020, at 324 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 NITSCH, C. ESTATE
- Who operates NITSCH, C. ESTATE?
- NITSCH, C. ESTATE is operated by Green Oil & Gas, Inc., Railroad Commission of Texas operator number 331059.
- Where is NITSCH, C. ESTATE?
- NITSCH, C. ESTATE is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12903.
- Is NITSCH, C. ESTATE still producing?
- NITSCH, C. ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NITSCH, C. ESTATE is August 2026.
- How much has NITSCH, C. ESTATE produced?
- NITSCH, C. ESTATE has reported 29,863 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is NITSCH, C. ESTATE worth?
- The remaining production from NITSCH, C. ESTATE is estimated to be worth about $295K in total as of 27 August 2026, within a range of $162K to $428K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NITSCH, C. ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production NITSCH, C. ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NITSCH, C. ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does NITSCH, C. ESTATE generate in a year?
- NITSCH, C. ESTATE is forecast to net about $57K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NITSCH, C. ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Green Oil & Gas, Inc. |
|---|---|
| Field | Spike (Gardner) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 12903 |
| Wellbores | 1 |
| Reported production | 29,863 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $295K |
Where NITSCH, C. ESTATE 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.