GARNER
GARNER is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Global Natural Resources Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 181,311 barrels. The lease is shut in. 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 $13K, with roughly $3K 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 4 barrels a month. Its strongest month on the record we hold was May 2016, at 755 barrels.
Key facts about GARNER
- Who operates GARNER?
- GARNER is operated by Global Natural Resources Corp., Railroad Commission of Texas operator number 310440.
- Where is GARNER?
- GARNER is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12740.
- Is GARNER still producing?
- GARNER is shut in. The most recent month of production reported to the Railroad Commission of Texas for GARNER is August 2026.
- How much has GARNER produced?
- GARNER has reported 181,311 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GARNER worth?
- The remaining production from GARNER is estimated to be worth about $13K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARNER is a fraction of it. The estimate fits an Arps decline curve to the production GARNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARNER is an estimate of value, not an offer and not an appraisal.
- How much income does GARNER generate in a year?
- GARNER is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Global Natural Resources Corp. |
|---|---|
| Field | Danville (Henderson) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 12740 |
| Wellbores | 1 |
| Reported production | 181,311 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where GARNER 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.