GARDENHIRE, W. J.
GARDENHIRE, W. J. is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Christie Oil Co., Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,622 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 $117K, with roughly $21K 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 17 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was December 2022, at 132 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 GARDENHIRE, W. J.
- Who operates GARDENHIRE, W. J.?
- GARDENHIRE, W. J. is operated by Christie Oil Co., Inc, Railroad Commission of Texas operator number 152955.
- Where is GARDENHIRE, W. J.?
- GARDENHIRE, W. J. is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03749.
- Is GARDENHIRE, W. J. still producing?
- GARDENHIRE, W. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARDENHIRE, W. J. is August 2026.
- How much has GARDENHIRE, W. J. produced?
- GARDENHIRE, W. J. has reported 24,622 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is GARDENHIRE, W. J. worth?
- The remaining production from GARDENHIRE, W. J. is estimated to be worth about $117K in total as of 27 August 2026, within a range of $65K to $170K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARDENHIRE, W. J. is a fraction of it. The estimate fits an Arps decline curve to the production GARDENHIRE, W. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARDENHIRE, W. J. is an estimate of value, not an offer and not an appraisal.
- How much income does GARDENHIRE, W. J. generate in a year?
- GARDENHIRE, W. J. is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARDENHIRE, W. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Christie Oil Co., Inc |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 03749 |
| Wellbores | 5 |
| Reported production | 24,622 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $117K |
Where GARDENHIRE, W. J. 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.