CHANDLER, J.M.
CHANDLER, J.M. is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Arnot, W. G., JR. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 217,512 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 $1.3M, with roughly $302K 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 450 barrels a month. Its strongest month on the record we hold was December 2020, at 741 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 CHANDLER, J.M.
- Who operates CHANDLER, J.M.?
- CHANDLER, J.M. is operated by Arnot, W. G., JR., Railroad Commission of Texas operator number 033000.
- Where is CHANDLER, J.M.?
- CHANDLER, J.M. is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 23443.
- Is CHANDLER, J.M. still producing?
- CHANDLER, J.M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHANDLER, J.M. is August 2026.
- How much has CHANDLER, J.M. produced?
- CHANDLER, J.M. has reported 217,512 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHANDLER, J.M. worth?
- The remaining production from CHANDLER, J.M. is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHANDLER, J.M. is a fraction of it. The estimate fits an Arps decline curve to the production CHANDLER, J.M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHANDLER, J.M. is an estimate of value, not an offer and not an appraisal.
- How much income does CHANDLER, J.M. generate in a year?
- CHANDLER, J.M. is forecast to net about $302K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHANDLER, J.M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arnot, W. G., JR. |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 23443 |
| Wellbores | 1 |
| Reported production | 217,512 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where CHANDLER, J.M. 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.