RASCO
RASCO is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Thompson, J. Cleo. It has 2 wellbores on file with the Commission. Reported production runs from April 1993 to August 2026, totalling 9,257 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 $113K, with roughly $22K 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 27 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was August 2020, at 67 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 RASCO
- Who operates RASCO?
- RASCO is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is RASCO?
- RASCO is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67070.
- Is RASCO still producing?
- RASCO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RASCO is August 2026.
- How much has RASCO produced?
- RASCO has reported 9,257 barrels of oil (bbl) to the Railroad Commission of Texas between April 1993 and August 2026, from 2 wellbores.
- How much is RASCO worth?
- The remaining production from RASCO is estimated to be worth about $113K in total as of 26 August 2026, within a range of $62K to $164K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RASCO is a fraction of it. The estimate fits an Arps decline curve to the production RASCO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RASCO is an estimate of value, not an offer and not an appraisal.
- How much income does RASCO generate in a year?
- RASCO is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RASCO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Sharon Ridge (Clear Fork) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 67070 |
| Wellbores | 2 |
| Reported production | 9,257 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $113K |
Where RASCO 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.