CLOSE CITY 1405
CLOSE CITY 1405 is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Sharp Image Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 62,713 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $5K, with roughly $952 expected over the next twelve months.
| Operator | Sharp Image Energy, Inc. |
|---|---|
| Field | Gar-Lynn (Mississippian) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 69718 |
| Wellbores | 1 |
| Reported production | 62,713 bbl |
| First reported | May 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.