LITMAN
LITMAN is a Texas oil lease in Waller County, Railroad Commission district 03, operated by RTC Resources Inc. It has 10 wellbores on file with the Commission. Reported production runs from January 2000 to August 2026, totalling 517,718 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 $257K, with roughly $50K 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 56 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was February 2017, at 1,119 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 LITMAN
- Who operates LITMAN?
- LITMAN is operated by RTC Resources Inc, Railroad Commission of Texas operator number 732295.
- Where is LITMAN?
- LITMAN is a Texas oil lease in Waller County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23771.
- Is LITMAN still producing?
- LITMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LITMAN is August 2026.
- How much has LITMAN produced?
- LITMAN has reported 517,718 barrels of oil (bbl) to the Railroad Commission of Texas between January 2000 and August 2026, from 10 wellbores.
- How much is LITMAN worth?
- The remaining production from LITMAN is estimated to be worth about $257K in total as of 26 August 2026, within a range of $142K to $373K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LITMAN is a fraction of it. The estimate fits an Arps decline curve to the production LITMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LITMAN is an estimate of value, not an offer and not an appraisal.
- How much income does LITMAN generate in a year?
- LITMAN is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LITMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RTC Resources Inc |
|---|---|
| Field | Brookshire |
| County | Waller County, Texas |
| RRC district | 03 |
| Lease number | 23771 |
| Wellbores | 10 |
| Reported production | 517,718 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $257K |
Where LITMAN 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.