TOBY
TOBY is a Texas oil lease in Walker County, Railroad Commission district 03, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 29,886 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 $560K, with roughly $78K 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 18 barrels a month. Its strongest month on the record we hold was May 2016, at 222 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 TOBY
- Who operates TOBY?
- TOBY is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is TOBY?
- TOBY is a Texas oil lease in Walker County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26237.
- Is TOBY still producing?
- TOBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOBY is August 2026.
- How much has TOBY produced?
- TOBY has reported 29,886 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is TOBY worth?
- The remaining production from TOBY is estimated to be worth about $560K in total as of 26 August 2026, within a range of $308K to $811K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOBY is a fraction of it. The estimate fits an Arps decline curve to the production TOBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOBY is an estimate of value, not an offer and not an appraisal.
- How much income does TOBY generate in a year?
- TOBY is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Fort Trinidad, East (Buda) |
| County | Walker County, Texas |
| RRC district | 03 |
| Lease number | 26237 |
| Wellbores | 1 |
| Reported production | 29,886 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $560K |
Where TOBY 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.