TRIANGLE MC
TRIANGLE MC is a Texas oil lease in Cottle County, Railroad Commission district 8A, operated by Gunn Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 50,403 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 $544K, with roughly $105K 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 156 barrels a month, about 78 per wellbore. Its strongest month on the record we hold was January 2019, at 424 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 TRIANGLE MC
- Who operates TRIANGLE MC?
- TRIANGLE MC is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is TRIANGLE MC?
- TRIANGLE MC is a Texas oil lease in Cottle County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69537.
- Is TRIANGLE MC still producing?
- TRIANGLE MC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRIANGLE MC is August 2026.
- How much has TRIANGLE MC produced?
- TRIANGLE MC has reported 50,403 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 2 wellbores.
- How much is TRIANGLE MC worth?
- The remaining production from TRIANGLE MC is estimated to be worth about $544K in total as of 26 August 2026, within a range of $424K to $664K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRIANGLE MC is a fraction of it. The estimate fits an Arps decline curve to the production TRIANGLE MC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRIANGLE MC is an estimate of value, not an offer and not an appraisal.
- How much income does TRIANGLE MC generate in a year?
- TRIANGLE MC is forecast to net about $105K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRIANGLE MC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Moon Camp (Conglomerate) |
| County | Cottle County, Texas |
| RRC district | 8A |
| Lease number | 69537 |
| Wellbores | 2 |
| Reported production | 50,403 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $544K |
Where TRIANGLE MC 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.