TALBOTT
TALBOTT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Grayson Petroleum Company. It has 11 wellbores on file with the Commission. Reported production runs from May 2005 to August 2026, totalling 254,323 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 $1.3M, with roughly $315K 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 444 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was March 2018, at 1,259 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 TALBOTT
- Who operates TALBOTT?
- TALBOTT is operated by Grayson Petroleum Company, Railroad Commission of Texas operator number 328325.
- Where is TALBOTT?
- TALBOTT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30438.
- Is TALBOTT still producing?
- TALBOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TALBOTT is August 2026.
- How much has TALBOTT produced?
- TALBOTT has reported 254,323 barrels of oil (bbl) to the Railroad Commission of Texas between May 2005 and August 2026, from 11 wellbores.
- How much is TALBOTT worth?
- The remaining production from TALBOTT is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $987K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TALBOTT is a fraction of it. The estimate fits an Arps decline curve to the production TALBOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TALBOTT is an estimate of value, not an offer and not an appraisal.
- How much income does TALBOTT generate in a year?
- TALBOTT is forecast to net about $315K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TALBOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grayson Petroleum Company |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 30438 |
| Wellbores | 11 |
| Reported production | 254,323 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where TALBOTT 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.