GLADEWATER G.U. NO. 12
GLADEWATER G.U. NO. 12 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 1998 to August 2026, totalling 6,527,386 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 a standard royalty share at about $5K, with roughly $1K expected over the next twelve months.
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Gladewater (Haynesville) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 169987 |
| Wellbores | 1 |
| Reported production | 6,527,386 mcf |
| First reported | August 1998 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.