GOEN
GOEN is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Bell, O. M. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 50,537 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 $3K, with roughly $387 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 14 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 358 thousand cubic feet. 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 GOEN
- Who operates GOEN?
- GOEN is operated by Bell, O. M., Railroad Commission of Texas operator number 063400.
- Where is GOEN?
- GOEN is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 078171.
- Is GOEN still producing?
- GOEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOEN is August 2026.
- How much has GOEN produced?
- GOEN has reported 50,537 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GOEN worth?
- The remaining production from GOEN is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOEN is a fraction of it. The estimate fits an Arps decline curve to the production GOEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOEN is an estimate of value, not an offer and not an appraisal.
- How much income does GOEN generate in a year?
- GOEN is forecast to net about $387 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bell, O. M. |
|---|---|
| Field | Van Dyke (Atoka) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 078171 |
| Wellbores | 1 |
| Reported production | 50,537 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GOEN 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.