NANTZ "A"

NANTZ "A" is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Herring, Ray. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 19,801 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 $142K, with roughly $27K 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 50 barrels a month. Its strongest month on the record we hold was December 2020, at 230 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 NANTZ "A"

Who operates NANTZ "A"?
NANTZ "A" is operated by Herring, Ray, Railroad Commission of Texas operator number 380295.
Where is NANTZ "A"?
NANTZ "A" is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 17729.
Is NANTZ "A" still producing?
NANTZ "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NANTZ "A" is August 2026.
How much has NANTZ "A" produced?
NANTZ "A" has reported 19,801 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is NANTZ "A" worth?
The remaining production from NANTZ "A" is estimated to be worth about $142K in total as of 26 August 2026, within a range of $78K to $206K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NANTZ "A" is a fraction of it. The estimate fits an Arps decline curve to the production NANTZ "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NANTZ "A" is an estimate of value, not an offer and not an appraisal.
How much income does NANTZ "A" generate in a year?
NANTZ "A" is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NANTZ "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

NANTZ "A" as filed with the Railroad Commission of Texas
OperatorHerring, Ray
FieldStephens County Regular
CountyStephens County, Texas
RRC district7B
Lease number17729
Wellbores1
Reported production19,801 bbl
First reported
Last reported
Estimated royalty value$142K

Where NANTZ "A" 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.