GARNER
GARNER is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Harper, Wayne. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 85,159 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 $150K, with roughly $29K 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 46 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was December 2024, at 114 barrels. 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 GARNER
- Who operates GARNER?
- GARNER is operated by Harper, Wayne, Railroad Commission of Texas operator number 358820.
- Where is GARNER?
- GARNER is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 15740.
- Is GARNER still producing?
- GARNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARNER is August 2026.
- How much has GARNER produced?
- GARNER has reported 85,159 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is GARNER worth?
- The remaining production from GARNER is estimated to be worth about $150K in total as of 26 August 2026, within a range of $82K to $217K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARNER is a fraction of it. The estimate fits an Arps decline curve to the production GARNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARNER is an estimate of value, not an offer and not an appraisal.
- How much income does GARNER generate in a year?
- GARNER is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Harper, Wayne |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 15740 |
| Wellbores | 2 |
| Reported production | 85,159 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $150K |
Where GARNER 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.