MODERATE EXPECTATIONS
MODERATE EXPECTATIONS is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Rattlesnake Mountain Oil LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 2,580 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 $59K, with roughly $11K 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 15 barrels a month. Its strongest month on the record we hold was November 2018, at 50 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 MODERATE EXPECTATIONS
- Who operates MODERATE EXPECTATIONS?
- MODERATE EXPECTATIONS is operated by Rattlesnake Mountain Oil LLC, Railroad Commission of Texas operator number 694737.
- Where is MODERATE EXPECTATIONS?
- MODERATE EXPECTATIONS is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31935.
- Is MODERATE EXPECTATIONS still producing?
- MODERATE EXPECTATIONS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MODERATE EXPECTATIONS is August 2026.
- How much has MODERATE EXPECTATIONS produced?
- MODERATE EXPECTATIONS has reported 2,580 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is MODERATE EXPECTATIONS worth?
- The remaining production from MODERATE EXPECTATIONS is estimated to be worth about $59K in total as of 27 August 2026, within a range of $33K to $86K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MODERATE EXPECTATIONS is a fraction of it. The estimate fits an Arps decline curve to the production MODERATE EXPECTATIONS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MODERATE EXPECTATIONS is an estimate of value, not an offer and not an appraisal.
- How much income does MODERATE EXPECTATIONS generate in a year?
- MODERATE EXPECTATIONS is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MODERATE EXPECTATIONS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rattlesnake Mountain Oil LLC |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 31935 |
| Wellbores | 1 |
| Reported production | 2,580 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where MODERATE EXPECTATIONS 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.