GLASS 21
GLASS 21 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Saguaro Petroleum, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 157,354 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 $848K, with roughly $573K 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 1,524 barrels a month, about 762 per wellbore. Its strongest month on the record we hold was January 2023, at 9,153 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 GLASS 21
- Who operates GLASS 21?
- GLASS 21 is operated by Saguaro Petroleum, LLC, Railroad Commission of Texas operator number 743325.
- Where is GLASS 21?
- GLASS 21 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61957.
- Is GLASS 21 still producing?
- GLASS 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASS 21 is August 2026.
- How much has GLASS 21 produced?
- GLASS 21 has reported 157,354 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 2 wellbores.
- How much is GLASS 21 worth?
- The remaining production from GLASS 21 is estimated to be worth about $848K in total as of 27 August 2026, within a range of $703K to $992K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS 21 is a fraction of it. The estimate fits an Arps decline curve to the production GLASS 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS 21 is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS 21 generate in a year?
- GLASS 21 is forecast to net about $573K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLASS 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Saguaro Petroleum, LLC |
|---|---|
| Field | A & S (Miss.) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 61957 |
| Wellbores | 2 |
| Reported production | 157,354 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $848K |
Where GLASS 21 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.