ESTES JL GU
ESTES JL GU is a Texas gas lease in Angelina County, Railroad Commission district 06, operated by Goodrich Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2008 to August 2026, totalling 1,415,561 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 $153K, with roughly $35K 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 1,674 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 6,489 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 ESTES JL GU
- Who operates ESTES JL GU?
- ESTES JL GU is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
- Where is ESTES JL GU?
- ESTES JL GU is a Texas gas lease in Angelina County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 248534.
- Is ESTES JL GU still producing?
- ESTES JL GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ESTES JL GU is August 2026.
- How much has ESTES JL GU produced?
- ESTES JL GU has reported 1,415,561 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2008 and August 2026, from 1 wellbore.
- How much is ESTES JL GU worth?
- The remaining production from ESTES JL GU is estimated to be worth about $153K in total as of 27 August 2026, within a range of $127K to $179K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ESTES JL GU is a fraction of it. The estimate fits an Arps decline curve to the production ESTES JL GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ESTES JL GU is an estimate of value, not an offer and not an appraisal.
- How much income does ESTES JL GU generate in a year?
- ESTES JL GU is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ESTES JL GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goodrich Petroleum Company |
|---|---|
| Field | Loco Bayou (James Lime) |
| County | Angelina County, Texas |
| RRC district | 06 |
| Lease number | 248534 |
| Wellbores | 1 |
| Reported production | 1,415,561 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $153K |
Where ESTES JL GU 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.