SOUTH GOAT 2 UNIT
SOUTH GOAT 2 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Resolute Natural Res. Co., LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 1,685,652 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 $6.5M, with roughly $1.4M 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 9,004 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 113,368 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 SOUTH GOAT 2 UNIT
- Who operates SOUTH GOAT 2 UNIT?
- SOUTH GOAT 2 UNIT is operated by Resolute Natural Res. Co., LLC, Railroad Commission of Texas operator number 703352.
- Where is SOUTH GOAT 2 UNIT?
- SOUTH GOAT 2 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289239.
- Is SOUTH GOAT 2 UNIT still producing?
- SOUTH GOAT 2 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH GOAT 2 UNIT is August 2026.
- How much has SOUTH GOAT 2 UNIT produced?
- SOUTH GOAT 2 UNIT has reported 1,685,652 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is SOUTH GOAT 2 UNIT worth?
- The remaining production from SOUTH GOAT 2 UNIT is estimated to be worth about $6.5M in total as of 26 August 2026, within a range of $5.4M to $7.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH GOAT 2 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH GOAT 2 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH GOAT 2 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH GOAT 2 UNIT generate in a year?
- SOUTH GOAT 2 UNIT is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SOUTH GOAT 2 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Resolute Natural Res. Co., LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 289239 |
| Wellbores | 1 |
| Reported production | 1,685,652 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.5M |
Where SOUTH GOAT 2 UNIT 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.