ROOT, JOHN

ROOT, JOHN is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Modern Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,944 barrels. The lease is shut in. 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 $3K, with roughly $628 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 3 barrels a month. Its strongest month on the record we hold was August 2017, at 184 barrels.

Key facts about ROOT, JOHN

Who operates ROOT, JOHN?
ROOT, JOHN is operated by Modern Exploration, Inc., Railroad Commission of Texas operator number 573226.
Where is ROOT, JOHN?
ROOT, JOHN is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 12146.
Is ROOT, JOHN still producing?
ROOT, JOHN is shut in. The most recent month of production reported to the Railroad Commission of Texas for ROOT, JOHN is August 2026.
How much has ROOT, JOHN produced?
ROOT, JOHN has reported 30,944 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is ROOT, JOHN worth?
The remaining production from ROOT, JOHN is estimated to be worth about $3K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROOT, JOHN is a fraction of it. The estimate fits an Arps decline curve to the production ROOT, JOHN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROOT, JOHN is an estimate of value, not an offer and not an appraisal.
How much income does ROOT, JOHN generate in a year?
ROOT, JOHN is forecast to net about $628 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ROOT, JOHN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ROOT, JOHN as filed with the Railroad Commission of Texas
OperatorModern Exploration, Inc.
FieldPilgrim (Austin Chalk)
CountyGonzales County, Texas
RRC district01
Lease number12146
Wellbores1
Reported production30,944 bbl
First reported
Last reported
Estimated royalty value$3K

Where ROOT, JOHN 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.