JANETTA
JANETTA is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Carson Buckles Exploration LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 8,985 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 $1.0M, with roughly $191K 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 234 barrels a month. Its strongest month on the record we hold was June 2023, at 617 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 JANETTA
- Who operates JANETTA?
- JANETTA is operated by Carson Buckles Exploration LLC, Railroad Commission of Texas operator number 136042.
- Where is JANETTA?
- JANETTA is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09846.
- Is JANETTA still producing?
- JANETTA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JANETTA is August 2026.
- How much has JANETTA produced?
- JANETTA has reported 8,985 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is JANETTA worth?
- The remaining production from JANETTA is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $795K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JANETTA is a fraction of it. The estimate fits an Arps decline curve to the production JANETTA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JANETTA is an estimate of value, not an offer and not an appraisal.
- How much income does JANETTA generate in a year?
- JANETTA is forecast to net about $191K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JANETTA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carson Buckles Exploration LLC |
|---|---|
| Field | Farnsworth, N. (K. C.-Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09846 |
| Wellbores | 1 |
| Reported production | 8,985 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where JANETTA 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.