GLENN, O. J.
GLENN, O. J. is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Maynard Oil Co. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 553,159 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 $1.6M, with roughly $465K 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 647 barrels a month, about 216 per wellbore. Its strongest month on the record we hold was May 2024, at 1,035 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GLENN, O. J.
- Who operates GLENN, O. J.?
- GLENN, O. J. is operated by Maynard Oil Co., Railroad Commission of Texas operator number 536740.
- Where is GLENN, O. J.?
- GLENN, O. J. is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 03876.
- Is GLENN, O. J. still producing?
- GLENN, O. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLENN, O. J. is August 2026.
- How much has GLENN, O. J. produced?
- GLENN, O. J. has reported 553,159 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is GLENN, O. J. worth?
- The remaining production from GLENN, O. J. is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLENN, O. J. is a fraction of it. The estimate fits an Arps decline curve to the production GLENN, O. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLENN, O. J. is an estimate of value, not an offer and not an appraisal.
- How much income does GLENN, O. J. generate in a year?
- GLENN, O. J. is forecast to net about $465K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLENN, O. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maynard Oil Co. |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 03876 |
| Wellbores | 3 |
| Reported production | 553,159 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where GLENN, O. 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.