CBA
CBA is a Texas oil lease in Cottle County, Railroad Commission district 8A, operated by Gunn Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 98,358 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 $5.6M, with roughly $1.5M 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 2,181 barrels a month. Its strongest month on the record we hold was March 2023, at 3,731 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CBA
- Who operates CBA?
- CBA is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is CBA?
- CBA is a Texas oil lease in Cottle County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71271.
- Is CBA still producing?
- CBA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CBA is August 2026.
- How much has CBA produced?
- CBA has reported 98,358 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is CBA worth?
- The remaining production from CBA is estimated to be worth about $5.6M in total as of 26 August 2026, within a range of $4.7M to $6.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CBA is a fraction of it. The estimate fits an Arps decline curve to the production CBA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CBA is an estimate of value, not an offer and not an appraisal.
- How much income does CBA generate in a year?
- CBA is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CBA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Stescott (Canyon) |
| County | Cottle County, Texas |
| RRC district | 8A |
| Lease number | 71271 |
| Wellbores | 1 |
| Reported production | 98,358 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.6M |
Where CBA 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.