GODLEY MINERALS
GODLEY MINERALS is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2010 to August 2026, totalling 1,970,594 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 $527K, with roughly $87K 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 3,977 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 8,996 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 GODLEY MINERALS
- Who operates GODLEY MINERALS?
- GODLEY MINERALS is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is GODLEY MINERALS?
- GODLEY MINERALS is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 255016.
- Is GODLEY MINERALS still producing?
- GODLEY MINERALS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GODLEY MINERALS is August 2026.
- How much has GODLEY MINERALS produced?
- GODLEY MINERALS has reported 1,970,594 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2010 and August 2026, from 1 wellbore.
- How much is GODLEY MINERALS worth?
- The remaining production from GODLEY MINERALS is estimated to be worth about $527K in total as of 26 August 2026, within a range of $437K to $616K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GODLEY MINERALS is a fraction of it. The estimate fits an Arps decline curve to the production GODLEY MINERALS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GODLEY MINERALS is an estimate of value, not an offer and not an appraisal.
- How much income does GODLEY MINERALS generate in a year?
- GODLEY MINERALS is forecast to net about $87K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GODLEY MINERALS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 255016 |
| Wellbores | 1 |
| Reported production | 1,970,594 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $527K |
Where GODLEY MINERALS 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.