CATHERINE
CATHERINE is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Gemini Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1993 to August 2026, totalling 136,283 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 $561K, with roughly $106K 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 142 barrels a month. Its strongest month on the record we hold was March 2025, at 419 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 CATHERINE
- Who operates CATHERINE?
- CATHERINE is operated by Gemini Exploration Company, Railroad Commission of Texas operator number 298891.
- Where is CATHERINE?
- CATHERINE is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22290.
- Is CATHERINE still producing?
- CATHERINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CATHERINE is August 2026.
- How much has CATHERINE produced?
- CATHERINE has reported 136,283 barrels of oil (bbl) to the Railroad Commission of Texas between October 1993 and August 2026, from 1 wellbore.
- How much is CATHERINE worth?
- The remaining production from CATHERINE is estimated to be worth about $561K in total as of 27 August 2026, within a range of $438K to $685K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CATHERINE is a fraction of it. The estimate fits an Arps decline curve to the production CATHERINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CATHERINE is an estimate of value, not an offer and not an appraisal.
- How much income does CATHERINE generate in a year?
- CATHERINE is forecast to net about $106K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CATHERINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gemini Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22290 |
| Wellbores | 1 |
| Reported production | 136,283 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $561K |
Where CATHERINE 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.