GTO
GTO is a Texas gas lease in Hardin County, Railroad Commission district 03, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 1,698,055 thousand cubic feet. 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 $668K, with roughly $186K 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 1,727 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 10,367 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GTO
- Who operates GTO?
- GTO is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is GTO?
- GTO is a Texas gas lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 249823.
- Is GTO still producing?
- GTO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GTO is August 2026.
- How much has GTO produced?
- GTO has reported 1,698,055 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2008 and August 2026, from 1 wellbore.
- How much is GTO worth?
- The remaining production from GTO is estimated to be worth about $668K in total as of 27 August 2026, within a range of $554K to $781K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GTO is a fraction of it. The estimate fits an Arps decline curve to the production GTO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GTO is an estimate of value, not an offer and not an appraisal.
- How much income does GTO generate in a year?
- GTO is forecast to net about $186K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GTO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Sour Lake Easter (Yegua) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 249823 |
| Wellbores | 1 |
| Reported production | 1,698,055 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $668K |
Where GTO 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.