CENT. NATL. BANK
CENT. NATL. BANK is a Texas gas lease in Coke County, Railroad Commission district 7C, operated by Citation Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 1,417 thousand cubic feet. 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 $10K, with roughly $1K 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 53 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 96 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CENT. NATL. BANK
- Who operates CENT. NATL. BANK?
- CENT. NATL. BANK is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
- Where is CENT. NATL. BANK?
- CENT. NATL. BANK is a Texas gas lease in Coke County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 298098.
- Is CENT. NATL. BANK still producing?
- CENT. NATL. BANK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CENT. NATL. BANK is August 2026.
- How much has CENT. NATL. BANK produced?
- CENT. NATL. BANK has reported 1,417 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2024 and August 2026, from 1 wellbore.
- How much is CENT. NATL. BANK worth?
- The remaining production from CENT. NATL. BANK is estimated to be worth about $10K in total as of 27 August 2026, within a range of $6K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CENT. NATL. BANK is a fraction of it. The estimate fits an Arps decline curve to the production CENT. NATL. BANK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CENT. NATL. BANK is an estimate of value, not an offer and not an appraisal.
- How much income does CENT. NATL. BANK generate in a year?
- CENT. NATL. BANK is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CENT. NATL. BANK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Citation Oil & Gas Corp. |
|---|---|
| Field | Lygay |
| County | Coke County, Texas |
| RRC district | 7C |
| Lease number | 298098 |
| Wellbores | 1 |
| Reported production | 1,417 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where CENT. NATL. BANK 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.