NATHO
NATHO is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Crawford Energy Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from May 2003 to August 2026, totalling 233,033 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 $662K, with roughly $150K 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 barrels a month, about 112 per wellbore. Its strongest month on the record we hold was August 2016, at 547 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 NATHO
- Who operates NATHO?
- NATHO is operated by Crawford Energy Operating Co, Railroad Commission of Texas operator number 186715.
- Where is NATHO?
- NATHO is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 08817.
- Is NATHO still producing?
- NATHO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NATHO is August 2026.
- How much has NATHO produced?
- NATHO has reported 233,033 barrels of oil (bbl) to the Railroad Commission of Texas between May 2003 and August 2026, from 2 wellbores.
- How much is NATHO worth?
- The remaining production from NATHO is estimated to be worth about $662K in total as of 26 August 2026, within a range of $517K to $808K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NATHO is a fraction of it. The estimate fits an Arps decline curve to the production NATHO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NATHO is an estimate of value, not an offer and not an appraisal.
- How much income does NATHO generate in a year?
- NATHO is forecast to net about $150K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NATHO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crawford Energy Operating Co |
|---|---|
| Field | Runge |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 08817 |
| Wellbores | 2 |
| Reported production | 233,033 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $662K |
Where NATHO 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.