CARMINATI B
CARMINATI B is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Walsh & Watts, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 71,756 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 $474K, with roughly $91K 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 114 barrels a month. Its strongest month on the record we hold was April 2018, at 269 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 CARMINATI B
- Who operates CARMINATI B?
- CARMINATI B is operated by Walsh & Watts, Inc., Railroad Commission of Texas operator number 895060.
- Where is CARMINATI B?
- CARMINATI B is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 04890.
- Is CARMINATI B still producing?
- CARMINATI B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARMINATI B is August 2026.
- How much has CARMINATI B produced?
- CARMINATI B has reported 71,756 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARMINATI B worth?
- The remaining production from CARMINATI B is estimated to be worth about $474K in total as of 27 August 2026, within a range of $370K to $578K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARMINATI B is a fraction of it. The estimate fits an Arps decline curve to the production CARMINATI B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARMINATI B is an estimate of value, not an offer and not an appraisal.
- How much income does CARMINATI B generate in a year?
- CARMINATI B is forecast to net about $91K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARMINATI B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Walsh & Watts, Inc. |
|---|---|
| Field | Wagg (Conglomerate) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 04890 |
| Wellbores | 1 |
| Reported production | 71,756 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $474K |
Where CARMINATI B 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.