CT 35
CT 35 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Discovery Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 169,828 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 $247K 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 343 barrels a month, about 114 per wellbore. Its strongest month on the record we hold was May 2016, at 919 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 CT 35
- Who operates CT 35?
- CT 35 is operated by Discovery Operating, Inc., Railroad Commission of Texas operator number 220865.
- Where is CT 35?
- CT 35 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15820.
- Is CT 35 still producing?
- CT 35 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CT 35 is August 2026.
- How much has CT 35 produced?
- CT 35 has reported 169,828 barrels of oil (bbl) to the Railroad Commission of Texas between September 2005 and August 2026, from 3 wellbores.
- How much is CT 35 worth?
- The remaining production from CT 35 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $856K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CT 35 is a fraction of it. The estimate fits an Arps decline curve to the production CT 35 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CT 35 is an estimate of value, not an offer and not an appraisal.
- How much income does CT 35 generate in a year?
- CT 35 is forecast to net about $247K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CT 35 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 15820 |
| Wellbores | 3 |
| Reported production | 169,828 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where CT 35 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.