SMITH, TALMADGE
SMITH, TALMADGE is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Phillips, Jack L. Co. It has 1 wellbore on file with the Commission. Reported production runs from April 2006 to August 2026, totalling 10,964 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 $154K, with roughly $30K 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 40 barrels a month. Its strongest month on the record we hold was July 2022, at 163 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 SMITH, TALMADGE
- Who operates SMITH, TALMADGE?
- SMITH, TALMADGE is operated by Phillips, Jack L. Co., Railroad Commission of Texas operator number 663109.
- Where is SMITH, TALMADGE?
- SMITH, TALMADGE is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14486.
- Is SMITH, TALMADGE still producing?
- SMITH, TALMADGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, TALMADGE is August 2026.
- How much has SMITH, TALMADGE produced?
- SMITH, TALMADGE has reported 10,964 barrels of oil (bbl) to the Railroad Commission of Texas between April 2006 and August 2026, from 1 wellbore.
- How much is SMITH, TALMADGE worth?
- The remaining production from SMITH, TALMADGE is estimated to be worth about $154K in total as of 26 August 2026, within a range of $85K to $224K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, TALMADGE is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, TALMADGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, TALMADGE is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, TALMADGE generate in a year?
- SMITH, TALMADGE is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, TALMADGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips, Jack L. Co. |
|---|---|
| Field | Minden (Travis Peak Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 14486 |
| Wellbores | 1 |
| Reported production | 10,964 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $154K |
Where SMITH, TALMADGE 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.