GLASS
GLASS is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by American Cometra, Inc. It has 18 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 115,937 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 $2.3M, with roughly $351K 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 185 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was November 2022, at 327 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 GLASS
- Who operates GLASS?
- GLASS is operated by American Cometra, Inc., Railroad Commission of Texas operator number 018008.
- Where is GLASS?
- GLASS is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24786.
- Is GLASS still producing?
- GLASS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASS is August 2026.
- How much has GLASS produced?
- GLASS has reported 115,937 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 18 wellbores.
- How much is GLASS worth?
- The remaining production from GLASS is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.8M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS is a fraction of it. The estimate fits an Arps decline curve to the production GLASS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS generate in a year?
- GLASS is forecast to net about $351K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLASS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Cometra, Inc. |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 24786 |
| Wellbores | 18 |
| Reported production | 115,937 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where GLASS 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.