CANTRELL
CANTRELL is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Minco Oil And Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 84,766 thousand cubic feet. 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 $41K, with roughly $5K 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 224 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 602 thousand cubic feet. 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 CANTRELL
- Who operates CANTRELL?
- CANTRELL is operated by Minco Oil And Gas Co., Railroad Commission of Texas operator number 569560.
- Where is CANTRELL?
- CANTRELL is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 023261.
- Is CANTRELL still producing?
- CANTRELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANTRELL is August 2026.
- How much has CANTRELL produced?
- CANTRELL has reported 84,766 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CANTRELL worth?
- The remaining production from CANTRELL is estimated to be worth about $41K in total as of 26 August 2026, within a range of $32K to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANTRELL is a fraction of it. The estimate fits an Arps decline curve to the production CANTRELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANTRELL is an estimate of value, not an offer and not an appraisal.
- How much income does CANTRELL generate in a year?
- CANTRELL is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CANTRELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Minco Oil And Gas Co. |
|---|---|
| Field | Panhandle, West |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 023261 |
| Wellbores | 1 |
| Reported production | 84,766 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where CANTRELL 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.