T. & N. O. RR CO.
T. & N. O. RR CO. is a Texas oil lease in Liberty County, Railroad Commission district 03, operated by Josey, Lenoir M., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 43,604 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 $3K, with roughly $660 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 9 barrels a month. Its strongest month on the record we hold was July 2024, at 370 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 T. & N. O. RR CO.
- Who operates T. & N. O. RR CO.?
- T. & N. O. RR CO. is operated by Josey, Lenoir M., Inc., Railroad Commission of Texas operator number 447780.
- Where is T. & N. O. RR CO.?
- T. & N. O. RR CO. is a Texas oil lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 04930.
- Is T. & N. O. RR CO. still producing?
- T. & N. O. RR CO. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for T. & N. O. RR CO. is August 2026.
- How much has T. & N. O. RR CO. produced?
- T. & N. O. RR CO. has reported 43,604 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is T. & N. O. RR CO. worth?
- The remaining production from T. & N. O. RR CO. is estimated to be worth about $3K in total as of 27 August 2026, within a range of $0 to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in T. & N. O. RR CO. is a fraction of it. The estimate fits an Arps decline curve to the production T. & N. O. RR CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for T. & N. O. RR CO. is an estimate of value, not an offer and not an appraisal.
- How much income does T. & N. O. RR CO. generate in a year?
- T. & N. O. RR CO. is forecast to net about $660 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in T. & N. O. RR CO. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Josey, Lenoir M., Inc. |
|---|---|
| Field | Liberty, South |
| County | Liberty County, Texas |
| RRC district | 03 |
| Lease number | 04930 |
| Wellbores | 1 |
| Reported production | 43,604 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where T. & N. O. RR CO. 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.