PUTNAM SCHOOL DISTRICT UNIT

PUTNAM SCHOOL DISTRICT UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Cimarex Energy Co. Of Colorado. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 21,564 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 $232K, with roughly $45K 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 barrels a month. Its strongest month on the record we hold was November 2023, at 156 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 PUTNAM SCHOOL DISTRICT UNIT

Who operates PUTNAM SCHOOL DISTRICT UNIT?
PUTNAM SCHOOL DISTRICT UNIT is operated by Cimarex Energy Co. Of Colorado, Railroad Commission of Texas operator number 153429.
Where is PUTNAM SCHOOL DISTRICT UNIT?
PUTNAM SCHOOL DISTRICT UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31530.
Is PUTNAM SCHOOL DISTRICT UNIT still producing?
PUTNAM SCHOOL DISTRICT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PUTNAM SCHOOL DISTRICT UNIT is August 2026.
How much has PUTNAM SCHOOL DISTRICT UNIT produced?
PUTNAM SCHOOL DISTRICT UNIT has reported 21,564 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
How much is PUTNAM SCHOOL DISTRICT UNIT worth?
The remaining production from PUTNAM SCHOOL DISTRICT UNIT is estimated to be worth about $232K in total as of 27 August 2026, within a range of $128K to $337K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PUTNAM SCHOOL DISTRICT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PUTNAM SCHOOL DISTRICT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PUTNAM SCHOOL DISTRICT UNIT is an estimate of value, not an offer and not an appraisal.
How much income does PUTNAM SCHOOL DISTRICT UNIT generate in a year?
PUTNAM SCHOOL DISTRICT UNIT is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PUTNAM SCHOOL DISTRICT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PUTNAM SCHOOL DISTRICT UNIT as filed with the Railroad Commission of Texas
OperatorCimarex Energy Co. Of Colorado
FieldWalnut Bend (Ellenburger)
CountyCooke County, Texas
RRC district09
Lease number31530
Wellbores1
Reported production21,564 bbl
First reported
Last reported
Estimated royalty value$232K

Where PUTNAM SCHOOL DISTRICT UNIT 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.