CARLILE
CARLILE is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Hanley Petroleum Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 142,012 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 $370K, with roughly $111K 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 237 barrels a month, about 59 per wellbore. Its strongest month on the record we hold was January 2017, at 801 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 CARLILE
- Who operates CARLILE?
- CARLILE is operated by Hanley Petroleum Inc., Railroad Commission of Texas operator number 354793.
- Where is CARLILE?
- CARLILE is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 22868.
- Is CARLILE still producing?
- CARLILE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARLILE is August 2026.
- How much has CARLILE produced?
- CARLILE has reported 142,012 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is CARLILE worth?
- The remaining production from CARLILE is estimated to be worth about $370K in total as of 27 August 2026, within a range of $288K to $451K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARLILE is a fraction of it. The estimate fits an Arps decline curve to the production CARLILE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARLILE is an estimate of value, not an offer and not an appraisal.
- How much income does CARLILE generate in a year?
- CARLILE is forecast to net about $111K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARLILE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hanley Petroleum Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 22868 |
| Wellbores | 4 |
| Reported production | 142,012 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $370K |
Where CARLILE 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.