ATKINSON "970
ATKINSON "970 is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Guinn Investments, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 52,922 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 $243K, with roughly $36K 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 15 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was December 2023, at 258 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 ATKINSON "970
- Who operates ATKINSON "970?
- ATKINSON "970 is operated by Guinn Investments, Inc., Railroad Commission of Texas operator number 337485.
- Where is ATKINSON "970?
- ATKINSON "970 is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 24451.
- Is ATKINSON "970 still producing?
- ATKINSON "970 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ATKINSON "970 is August 2026.
- How much has ATKINSON "970 produced?
- ATKINSON "970 has reported 52,922 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is ATKINSON "970 worth?
- The remaining production from ATKINSON "970 is estimated to be worth about $243K in total as of 27 August 2026, within a range of $134K to $352K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ATKINSON "970 is a fraction of it. The estimate fits an Arps decline curve to the production ATKINSON "970 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ATKINSON "970 is an estimate of value, not an offer and not an appraisal.
- How much income does ATKINSON "970 generate in a year?
- ATKINSON "970 is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ATKINSON "970 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Guinn Investments, Inc. |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 24451 |
| Wellbores | 5 |
| Reported production | 52,922 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $243K |
Where ATKINSON "970 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.