GANTT, T.K.
GANTT, T.K. is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Gantt Operating Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,731 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 $196K, with roughly $35K 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 45 barrels a month. Its strongest month on the record we hold was July 2016, at 153 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GANTT, T.K.
- Who operates GANTT, T.K.?
- GANTT, T.K. is operated by Gantt Operating Company, Inc., Railroad Commission of Texas operator number 293957.
- Where is GANTT, T.K.?
- GANTT, T.K. is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 17080.
- Is GANTT, T.K. still producing?
- GANTT, T.K. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GANTT, T.K. is August 2026.
- How much has GANTT, T.K. produced?
- GANTT, T.K. has reported 25,731 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GANTT, T.K. worth?
- The remaining production from GANTT, T.K. is estimated to be worth about $196K in total as of 27 August 2026, within a range of $108K to $284K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GANTT, T.K. is a fraction of it. The estimate fits an Arps decline curve to the production GANTT, T.K. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GANTT, T.K. is an estimate of value, not an offer and not an appraisal.
- How much income does GANTT, T.K. generate in a year?
- GANTT, T.K. is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GANTT, T.K. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gantt Operating Company, Inc. |
|---|---|
| Field | Giddings (Navarro, Oil) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 17080 |
| Wellbores | 1 |
| Reported production | 25,731 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $196K |
Where GANTT, T.K. 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.