EARNEST "C"
EARNEST "C" is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by King Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 66,621 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 81 barrels a month. Its strongest month on the record we hold was June 2016, at 691 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 EARNEST "C"
- Who operates EARNEST "C"?
- EARNEST "C" is operated by King Operating Corporation, Railroad Commission of Texas operator number 465296.
- Where is EARNEST "C"?
- EARNEST "C" is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69266.
- Is EARNEST "C" still producing?
- EARNEST "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EARNEST "C" is August 2026.
- How much has EARNEST "C" produced?
- EARNEST "C" has reported 66,621 barrels of oil (bbl) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is EARNEST "C" worth?
- The remaining production from EARNEST "C" 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 EARNEST "C" is a fraction of it. The estimate fits an Arps decline curve to the production EARNEST "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EARNEST "C" is an estimate of value, not an offer and not an appraisal.
- How much income does EARNEST "C" generate in a year?
- EARNEST "C" 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 EARNEST "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | King Operating Corporation |
|---|---|
| Field | Mirage (Strawn) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 69266 |
| Wellbores | 1 |
| Reported production | 66,621 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $295K |
Where EARNEST "C" 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.