MOON RANCH "C"
MOON RANCH "C" is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Ltd. It has 1 wellbore on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 3,864 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 $54K, with roughly $10K 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 14 barrels a month. Its strongest month on the record we hold was August 2016, at 76 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 MOON RANCH "C"
- Who operates MOON RANCH "C"?
- MOON RANCH "C" is operated by Delta Oil & Gas Ltd., Railroad Commission of Texas operator number 213703.
- Where is MOON RANCH "C"?
- MOON RANCH "C" is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31855.
- Is MOON RANCH "C" still producing?
- MOON RANCH "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOON RANCH "C" is August 2026.
- How much has MOON RANCH "C" produced?
- MOON RANCH "C" has reported 3,864 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 1 wellbore.
- How much is MOON RANCH "C" worth?
- The remaining production from MOON RANCH "C" is estimated to be worth about $54K in total as of 26 August 2026, within a range of $30K to $79K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOON RANCH "C" is a fraction of it. The estimate fits an Arps decline curve to the production MOON RANCH "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOON RANCH "C" is an estimate of value, not an offer and not an appraisal.
- How much income does MOON RANCH "C" generate in a year?
- MOON RANCH "C" is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOON RANCH "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delta Oil & Gas Ltd. |
|---|---|
| Field | Sow Branch (Strawn) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 31855 |
| Wellbores | 1 |
| Reported production | 3,864 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $54K |
Where MOON RANCH "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.