DOC GARDNER
DOC GARDNER is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 3 wellbores on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 957,414 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 $3.4M, with roughly $1.8M 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 3,664 barrels a month, about 1,221 per wellbore. Its strongest month on the record we hold was June 2017, at 46,703 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 DOC GARDNER
- Who operates DOC GARDNER?
- DOC GARDNER is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is DOC GARDNER?
- DOC GARDNER is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48664.
- Is DOC GARDNER still producing?
- DOC GARDNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOC GARDNER is August 2026.
- How much has DOC GARDNER produced?
- DOC GARDNER has reported 957,414 barrels of oil (bbl) to the Railroad Commission of Texas between July 2016 and August 2026, from 3 wellbores.
- How much is DOC GARDNER worth?
- The remaining production from DOC GARDNER is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOC GARDNER is a fraction of it. The estimate fits an Arps decline curve to the production DOC GARDNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOC GARDNER is an estimate of value, not an offer and not an appraisal.
- How much income does DOC GARDNER generate in a year?
- DOC GARDNER is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOC GARDNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48664 |
| Wellbores | 3 |
| Reported production | 957,414 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where DOC GARDNER 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.