CANTRELL, J. W.

CANTRELL, J. W. is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Minco Oil And Gas Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 46,885 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 $406K, with roughly $78K 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 102 barrels a month, about 25 per wellbore. Its strongest month on the record we hold was June 2020, at 290 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 CANTRELL, J. W.

Who operates CANTRELL, J. W.?: CANTRELL, J. W. is operated by Minco Oil And Gas Co., Railroad Commission of Texas operator number 569560.
Where is CANTRELL, J. W.?: CANTRELL, J. W. is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00386.
Is CANTRELL, J. W. still producing?: CANTRELL, J. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANTRELL, J. W. is August 2026.
How much has CANTRELL, J. W. produced?: CANTRELL, J. W. has reported 46,885 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
How much is CANTRELL, J. W. worth?: The remaining production from CANTRELL, J. W. is estimated to be worth about $406K in total as of 26 August 2026, within a range of $317K to $496K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANTRELL, J. W. is a fraction of it. The estimate fits an Arps decline curve to the production CANTRELL, J. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANTRELL, J. W. is an estimate of value, not an offer and not an appraisal.
How much income does CANTRELL, J. W. generate in a year?: CANTRELL, J. W. is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CANTRELL, J. W. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CANTRELL, J. W. as filed with the Railroad Commission of Texas
Operator	Minco Oil And Gas Co.
Field	Panhandle Gray County Field
County	Gray County, Texas
RRC district	10
Lease number	00386
Wellbores	4
Reported production	46,885 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$406K

Where CANTRELL, J. W. sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.