GUNNELS
GUNNELS is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Moss Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 57,369 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 $506K, with roughly $97K 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 151 barrels a month. Its strongest month on the record we hold was November 2025, at 311 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 GUNNELS
- Who operates GUNNELS?
- GUNNELS is operated by Moss Petroleum Company, Railroad Commission of Texas operator number 590920.
- Where is GUNNELS?
- GUNNELS is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 03910.
- Is GUNNELS still producing?
- GUNNELS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUNNELS is August 2026.
- How much has GUNNELS produced?
- GUNNELS has reported 57,369 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GUNNELS worth?
- The remaining production from GUNNELS is estimated to be worth about $506K in total as of 27 August 2026, within a range of $395K to $618K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUNNELS is a fraction of it. The estimate fits an Arps decline curve to the production GUNNELS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUNNELS is an estimate of value, not an offer and not an appraisal.
- How much income does GUNNELS generate in a year?
- GUNNELS is forecast to net about $97K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GUNNELS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Moss Petroleum Company |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 03910 |
| Wellbores | 1 |
| Reported production | 57,369 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $506K |
Where GUNNELS 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.