PAINT CREEK
PAINT CREEK is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by North Texas Oil & Gas, LLC. It has 9 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 472,099 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 $1.6M, with roughly $468K 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 598 barrels a month, about 66 per wellbore. Its strongest month on the record we hold was January 2018, at 26,916 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 PAINT CREEK
- Who operates PAINT CREEK?
- PAINT CREEK is operated by North Texas Oil & Gas, LLC, Railroad Commission of Texas operator number 614212.
- Where is PAINT CREEK?
- PAINT CREEK is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31645.
- Is PAINT CREEK still producing?
- PAINT CREEK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAINT CREEK is August 2026.
- How much has PAINT CREEK produced?
- PAINT CREEK has reported 472,099 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 9 wellbores.
- How much is PAINT CREEK worth?
- The remaining production from PAINT CREEK is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAINT CREEK is a fraction of it. The estimate fits an Arps decline curve to the production PAINT CREEK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAINT CREEK is an estimate of value, not an offer and not an appraisal.
- How much income does PAINT CREEK generate in a year?
- PAINT CREEK is forecast to net about $468K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAINT CREEK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | North Texas Oil & Gas, LLC |
|---|---|
| Field | Swenson (Caddo) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 31645 |
| Wellbores | 9 |
| Reported production | 472,099 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where PAINT CREEK 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.