TONTO NORTH 391 A
TONTO NORTH 391 A 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 August 2017 to August 2026, totalling 70,013 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 $710K, with roughly $212K 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 324 barrels a month. Its strongest month on the record we hold was September 2017, at 2,087 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 TONTO NORTH 391 A
- Who operates TONTO NORTH 391 A?
- TONTO NORTH 391 A is operated by Sharp Image Energy, Inc., Railroad Commission of Texas operator number 770731.
- Where is TONTO NORTH 391 A?
- TONTO NORTH 391 A is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70672.
- Is TONTO NORTH 391 A still producing?
- TONTO NORTH 391 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TONTO NORTH 391 A is August 2026.
- How much has TONTO NORTH 391 A produced?
- TONTO NORTH 391 A has reported 70,013 barrels of oil (bbl) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is TONTO NORTH 391 A worth?
- The remaining production from TONTO NORTH 391 A is estimated to be worth about $710K in total as of 27 August 2026, within a range of $553K to $866K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TONTO NORTH 391 A is a fraction of it. The estimate fits an Arps decline curve to the production TONTO NORTH 391 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TONTO NORTH 391 A is an estimate of value, not an offer and not an appraisal.
- How much income does TONTO NORTH 391 A generate in a year?
- TONTO NORTH 391 A is forecast to net about $212K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TONTO NORTH 391 A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Kelly-Snyder (Cisco Sand) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 70672 |
| Wellbores | 1 |
| Reported production | 70,013 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $710K |
Where TONTO NORTH 391 A 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.