BRANCH-COVINGTON

BRANCH-COVINGTON is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2022 to August 2026, totalling 21,521 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 $464K, with roughly $89K 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 135 barrels a month. Its strongest month on the record we hold was March 2022, at 1,494 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 BRANCH-COVINGTON

Who operates BRANCH-COVINGTON?
BRANCH-COVINGTON is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
Where is BRANCH-COVINGTON?
BRANCH-COVINGTON is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32559.
Is BRANCH-COVINGTON still producing?
BRANCH-COVINGTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRANCH-COVINGTON is August 2026.
How much has BRANCH-COVINGTON produced?
BRANCH-COVINGTON has reported 21,521 barrels of oil (bbl) to the Railroad Commission of Texas between January 2022 and August 2026, from 1 wellbore.
How much is BRANCH-COVINGTON worth?
The remaining production from BRANCH-COVINGTON is estimated to be worth about $464K in total as of 26 August 2026, within a range of $362K to $567K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRANCH-COVINGTON is a fraction of it. The estimate fits an Arps decline curve to the production BRANCH-COVINGTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRANCH-COVINGTON is an estimate of value, not an offer and not an appraisal.
How much income does BRANCH-COVINGTON generate in a year?
BRANCH-COVINGTON is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRANCH-COVINGTON receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BRANCH-COVINGTON as filed with the Railroad Commission of Texas
OperatorSojourner Drilling Corporation
FieldBissett, E. (Strawn Sand)
CountyStonewall County, Texas
RRC district7B
Lease number32559
Wellbores1
Reported production21,521 bbl
First reported
Last reported
Estimated royalty value$464K

Where BRANCH-COVINGTON 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.