TURTLE HOLE
TURTLE HOLE is a Texas oil lease in Young County, Railroad Commission district 09, operated by Grahamsource Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,340 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 $167K, with roughly $26K 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 12 barrels a month. Its strongest month on the record we hold was October 2023, at 59 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 TURTLE HOLE
- Who operates TURTLE HOLE?
- TURTLE HOLE is operated by Grahamsource Corp., Railroad Commission of Texas operator number 324145.
- Where is TURTLE HOLE?
- TURTLE HOLE is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 25491.
- Is TURTLE HOLE still producing?
- TURTLE HOLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURTLE HOLE is August 2026.
- How much has TURTLE HOLE produced?
- TURTLE HOLE has reported 5,340 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TURTLE HOLE worth?
- The remaining production from TURTLE HOLE is estimated to be worth about $167K in total as of 26 August 2026, within a range of $92K to $242K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURTLE HOLE is a fraction of it. The estimate fits an Arps decline curve to the production TURTLE HOLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURTLE HOLE is an estimate of value, not an offer and not an appraisal.
- How much income does TURTLE HOLE generate in a year?
- TURTLE HOLE is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TURTLE HOLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grahamsource Corp. |
|---|---|
| Field | Lupton-Mclester |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 25491 |
| Wellbores | 1 |
| Reported production | 5,340 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where TURTLE HOLE 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.