BASSETT GOODE
BASSETT GOODE is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Mobil Producing TX. & N.M. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 32,164,568 thousand cubic feet. The lease is intermittent. 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 $37K, with roughly $5K 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 93 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 59,737 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 BASSETT GOODE
- Who operates BASSETT GOODE?
- BASSETT GOODE is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is BASSETT GOODE?
- BASSETT GOODE is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 018785.
- Is BASSETT GOODE still producing?
- BASSETT GOODE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BASSETT GOODE is August 2026.
- How much has BASSETT GOODE produced?
- BASSETT GOODE has reported 32,164,568 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BASSETT GOODE worth?
- The remaining production from BASSETT GOODE is estimated to be worth about $37K in total as of 26 August 2026, within a range of $20K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BASSETT GOODE is a fraction of it. The estimate fits an Arps decline curve to the production BASSETT GOODE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BASSETT GOODE is an estimate of value, not an offer and not an appraisal.
- How much income does BASSETT GOODE generate in a year?
- BASSETT GOODE is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BASSETT GOODE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Brown-Bassett (Ellenburger) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 018785 |
| Wellbores | 1 |
| Reported production | 32,164,568 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where BASSETT GOODE 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.