CNB "G" 345
CNB "G" 345 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from July 2006 to August 2026, totalling 143,037 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 $735K, with roughly $125K 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 141 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was June 2016, at 520 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 CNB "G" 345
- Who operates CNB "G" 345?
- CNB "G" 345 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is CNB "G" 345?
- CNB "G" 345 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07678.
- Is CNB "G" 345 still producing?
- CNB "G" 345 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CNB "G" 345 is August 2026.
- How much has CNB "G" 345 produced?
- CNB "G" 345 has reported 143,037 barrels of oil (bbl) to the Railroad Commission of Texas between July 2006 and August 2026, from 3 wellbores.
- How much is CNB "G" 345 worth?
- The remaining production from CNB "G" 345 is estimated to be worth about $735K in total as of 26 August 2026, within a range of $573K to $897K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CNB "G" 345 is a fraction of it. The estimate fits an Arps decline curve to the production CNB "G" 345 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CNB "G" 345 is an estimate of value, not an offer and not an appraisal.
- How much income does CNB "G" 345 generate in a year?
- CNB "G" 345 is forecast to net about $125K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CNB "G" 345 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 07678 |
| Wellbores | 3 |
| Reported production | 143,037 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $735K |
Where CNB "G" 345 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.