NE IRA "C"
NE IRA "C" is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 1999 to August 2026, totalling 99,486 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 $486K, with roughly $93K 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 123 barrels a month. Its strongest month on the record we hold was September 2022, at 519 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 NE IRA "C"
- Who operates NE IRA "C"?
- NE IRA "C" is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is NE IRA "C"?
- NE IRA "C" is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68042.
- Is NE IRA "C" still producing?
- NE IRA "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NE IRA "C" is August 2026.
- How much has NE IRA "C" produced?
- NE IRA "C" has reported 99,486 barrels of oil (bbl) to the Railroad Commission of Texas between March 1999 and August 2026, from 1 wellbore.
- How much is NE IRA "C" worth?
- The remaining production from NE IRA "C" is estimated to be worth about $486K in total as of 26 August 2026, within a range of $379K to $593K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NE IRA "C" is a fraction of it. The estimate fits an Arps decline curve to the production NE IRA "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NE IRA "C" is an estimate of value, not an offer and not an appraisal.
- How much income does NE IRA "C" generate in a year?
- NE IRA "C" is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NE IRA "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Ira, Ne. (Canyon Reef) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 68042 |
| Wellbores | 1 |
| Reported production | 99,486 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $486K |
Where NE IRA "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.