LINK "76"
LINK "76" is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Russell, T. Operating Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,685 barrels. The lease is intermittent. 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 $26K, with roughly $5K 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 7 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was September 2017, at 115 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LINK "76"
- Who operates LINK "76"?
- LINK "76" is operated by Russell, T. Operating Inc., Railroad Commission of Texas operator number 737140.
- Where is LINK "76"?
- LINK "76" is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26312.
- Is LINK "76" still producing?
- LINK "76" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LINK "76" is August 2026.
- How much has LINK "76" produced?
- LINK "76" has reported 14,685 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LINK "76" worth?
- The remaining production from LINK "76" is estimated to be worth about $26K in total as of 26 August 2026, within a range of $0 to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LINK "76" is a fraction of it. The estimate fits an Arps decline curve to the production LINK "76" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LINK "76" is an estimate of value, not an offer and not an appraisal.
- How much income does LINK "76" generate in a year?
- LINK "76" is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LINK "76" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Russell, T. Operating Inc. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 26312 |
| Wellbores | 2 |
| Reported production | 14,685 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where LINK "76" 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.