TOWNSEND
TOWNSEND is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Earthbound Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2018 to August 2026, totalling 5,731 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 $501K, with roughly $96K 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 98 barrels a month. Its strongest month on the record we hold was November 2021, at 309 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 TOWNSEND
- Who operates TOWNSEND?
- TOWNSEND is operated by Earthbound Resources LLC, Railroad Commission of Texas operator number 238742.
- Where is TOWNSEND?
- TOWNSEND is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32284.
- Is TOWNSEND still producing?
- TOWNSEND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOWNSEND is August 2026.
- How much has TOWNSEND produced?
- TOWNSEND has reported 5,731 barrels of oil (bbl) to the Railroad Commission of Texas between February 2018 and August 2026, from 1 wellbore.
- How much is TOWNSEND worth?
- The remaining production from TOWNSEND is estimated to be worth about $501K in total as of 26 August 2026, within a range of $276K to $726K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOWNSEND is a fraction of it. The estimate fits an Arps decline curve to the production TOWNSEND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOWNSEND is an estimate of value, not an offer and not an appraisal.
- How much income does TOWNSEND generate in a year?
- TOWNSEND is forecast to net about $96K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOWNSEND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Earthbound Resources LLC |
|---|---|
| Field | Murphree (Hope) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 32284 |
| Wellbores | 1 |
| Reported production | 5,731 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $501K |
Where TOWNSEND 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.