GARLITZ "36"
GARLITZ "36" is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Midville Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 10,747 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 $156K, with roughly $28K 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 33 barrels a month. Its strongest month on the record we hold was July 2023, at 105 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 GARLITZ "36"
- Who operates GARLITZ "36"?
- GARLITZ "36" is operated by Midville Energy, LLC., Railroad Commission of Texas operator number 566317.
- Where is GARLITZ "36"?
- GARLITZ "36" is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31122.
- Is GARLITZ "36" still producing?
- GARLITZ "36" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARLITZ "36" is August 2026.
- How much has GARLITZ "36" produced?
- GARLITZ "36" has reported 10,747 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 1 wellbore.
- How much is GARLITZ "36" worth?
- The remaining production from GARLITZ "36" is estimated to be worth about $156K in total as of 26 August 2026, within a range of $86K to $226K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARLITZ "36" is a fraction of it. The estimate fits an Arps decline curve to the production GARLITZ "36" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARLITZ "36" is an estimate of value, not an offer and not an appraisal.
- How much income does GARLITZ "36" generate in a year?
- GARLITZ "36" is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARLITZ "36" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midville Energy, LLC. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 31122 |
| Wellbores | 1 |
| Reported production | 10,747 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $156K |
Where GARLITZ "36" 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.