CASTLEBERRY, J. O.

CASTLEBERRY, J. O. is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Upham Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 70,587 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 $619K, with roughly $112K 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 140 barrels a month. Its strongest month on the record we hold was December 2021, at 212 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 CASTLEBERRY, J. O.

Who operates CASTLEBERRY, J. O.?
CASTLEBERRY, J. O. is operated by Upham Oil & Gas Company, Railroad Commission of Texas operator number 878925.
Where is CASTLEBERRY, J. O.?
CASTLEBERRY, J. O. is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17376.
Is CASTLEBERRY, J. O. still producing?
CASTLEBERRY, J. O. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASTLEBERRY, J. O. is August 2026.
How much has CASTLEBERRY, J. O. produced?
CASTLEBERRY, J. O. has reported 70,587 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is CASTLEBERRY, J. O. worth?
The remaining production from CASTLEBERRY, J. O. is estimated to be worth about $619K in total as of 26 August 2026, within a range of $483K to $755K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASTLEBERRY, J. O. is a fraction of it. The estimate fits an Arps decline curve to the production CASTLEBERRY, J. O. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASTLEBERRY, J. O. is an estimate of value, not an offer and not an appraisal.
How much income does CASTLEBERRY, J. O. generate in a year?
CASTLEBERRY, J. O. is forecast to net about $112K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASTLEBERRY, J. O. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CASTLEBERRY, J. O. as filed with the Railroad Commission of Texas
OperatorUpham Oil & Gas Company
FieldBoonsville (Consolidated Congl.)
CountyWise County, Texas
RRC district09
Lease number17376
Wellbores1
Reported production70,587 bbl
First reported
Last reported
Estimated royalty value$619K

Where CASTLEBERRY, J. O. 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.