ARNOLD
ARNOLD is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Lario Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 121,543 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 $2.5M, with roughly $541K 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 1,451 barrels a month. Its strongest month on the record we hold was November 2018, at 7,257 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ARNOLD
- Who operates ARNOLD?
- ARNOLD is operated by Lario Oil & Gas Company, Railroad Commission of Texas operator number 486710.
- Where is ARNOLD?
- ARNOLD is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51191.
- Is ARNOLD still producing?
- ARNOLD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARNOLD is August 2026.
- How much has ARNOLD produced?
- ARNOLD has reported 121,543 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is ARNOLD worth?
- The remaining production from ARNOLD is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARNOLD is a fraction of it. The estimate fits an Arps decline curve to the production ARNOLD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARNOLD is an estimate of value, not an offer and not an appraisal.
- How much income does ARNOLD generate in a year?
- ARNOLD is forecast to net about $541K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ARNOLD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lario Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 51191 |
| Wellbores | 1 |
| Reported production | 121,543 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where ARNOLD 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.