GARDNER 36
GARDNER 36 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 39,248 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 $875K, with roughly $157K 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 181 barrels a month. Its strongest month on the record we hold was June 2018, at 2,568 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 GARDNER 36
- Who operates GARDNER 36?
- GARDNER 36 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is GARDNER 36?
- GARDNER 36 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09631.
- Is GARDNER 36 still producing?
- GARDNER 36 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARDNER 36 is August 2026.
- How much has GARDNER 36 produced?
- GARDNER 36 has reported 39,248 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is GARDNER 36 worth?
- The remaining production from GARDNER 36 is estimated to be worth about $875K in total as of 27 August 2026, within a range of $682K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARDNER 36 is a fraction of it. The estimate fits an Arps decline curve to the production GARDNER 36 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARDNER 36 is an estimate of value, not an offer and not an appraisal.
- How much income does GARDNER 36 generate in a year?
- GARDNER 36 is forecast to net about $157K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARDNER 36 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09631 |
| Wellbores | 1 |
| Reported production | 39,248 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $875K |
Where GARDNER 36 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.