CARMINATI, P.A.
CARMINATI, P.A. is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Apex Operating & Equip. Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 53,266 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 $268K, with roughly $52K 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 80 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was November 2016, at 350 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, P.A.
- Who operates CARMINATI, P.A.?
- CARMINATI, P.A. is operated by Apex Operating & Equip. Co., Railroad Commission of Texas operator number 027463.
- Where is CARMINATI, P.A.?
- CARMINATI, P.A. is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 23611.
- Is CARMINATI, P.A. still producing?
- CARMINATI, P.A. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARMINATI, P.A. is August 2026.
- How much has CARMINATI, P.A. produced?
- CARMINATI, P.A. has reported 53,266 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is CARMINATI, P.A. worth?
- The remaining production from CARMINATI, P.A. is estimated to be worth about $268K in total as of 27 August 2026, within a range of $148K to $389K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARMINATI, P.A. is a fraction of it. The estimate fits an Arps decline curve to the production CARMINATI, P.A. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARMINATI, P.A. is an estimate of value, not an offer and not an appraisal.
- How much income does CARMINATI, P.A. generate in a year?
- CARMINATI, P.A. is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARMINATI, P.A. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apex Operating & Equip. Co. |
|---|---|
| Field | Wagg (Conglomerate) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 23611 |
| Wellbores | 2 |
| Reported production | 53,266 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $268K |
Where CARMINATI, P.A. 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.