SALTLICK
SALTLICK is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Mid-Con Energy Operating, LLC. It has 7 wellbores on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 393,480 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 $1.1M, with roughly $348K 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 531 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was October 2018, at 10,314 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 SALTLICK
- Who operates SALTLICK?
- SALTLICK is operated by Mid-Con Energy Operating, LLC, Railroad Commission of Texas operator number 564673.
- Where is SALTLICK?
- SALTLICK is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31549.
- Is SALTLICK still producing?
- SALTLICK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALTLICK is August 2026.
- How much has SALTLICK produced?
- SALTLICK has reported 393,480 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 7 wellbores.
- How much is SALTLICK worth?
- The remaining production from SALTLICK is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $859K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALTLICK is a fraction of it. The estimate fits an Arps decline curve to the production SALTLICK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SALTLICK is an estimate of value, not an offer and not an appraisal.
- How much income does SALTLICK generate in a year?
- SALTLICK is forecast to net about $348K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SALTLICK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mid-Con Energy Operating, LLC |
|---|---|
| Field | Corsica (Strawn) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 31549 |
| Wellbores | 7 |
| Reported production | 393,480 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where SALTLICK 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.