TEX. COTTON INDS. -B-
TEX. COTTON INDS. -B- is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Murphree Production. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,473 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 $11K, with roughly $2K 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 3 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was January 2017, at 18 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TEX. COTTON INDS. -B-
- Who operates TEX. COTTON INDS. -B-?
- TEX. COTTON INDS. -B- is operated by Murphree Production, Railroad Commission of Texas operator number 594320.
- Where is TEX. COTTON INDS. -B-?
- TEX. COTTON INDS. -B- is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 04765.
- Is TEX. COTTON INDS. -B- still producing?
- TEX. COTTON INDS. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEX. COTTON INDS. -B- is August 2026.
- How much has TEX. COTTON INDS. -B- produced?
- TEX. COTTON INDS. -B- has reported 10,473 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is TEX. COTTON INDS. -B- worth?
- The remaining production from TEX. COTTON INDS. -B- is estimated to be worth about $11K in total as of 26 August 2026, within a range of $0 to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEX. COTTON INDS. -B- is a fraction of it. The estimate fits an Arps decline curve to the production TEX. COTTON INDS. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEX. COTTON INDS. -B- is an estimate of value, not an offer and not an appraisal.
- How much income does TEX. COTTON INDS. -B- generate in a year?
- TEX. COTTON INDS. -B- is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEX. COTTON INDS. -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphree Production |
|---|---|
| Field | Pecos Valley (High Gravity) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 04765 |
| Wellbores | 4 |
| Reported production | 10,473 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where TEX. COTTON INDS. -B- 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.