GOODWIN, N. L.

GOODWIN, N. L. is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Geowell, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,667 barrels. 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 $200K, with roughly $38K 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 49 barrels a month, about 25 per wellbore. Its strongest month on the record we hold was July 2021, at 158 barrels. 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 GOODWIN, N. L.

Who operates GOODWIN, N. L.?
GOODWIN, N. L. is operated by Geowell, Inc., Railroad Commission of Texas operator number 301380.
Where is GOODWIN, N. L.?
GOODWIN, N. L. is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 09542.
Is GOODWIN, N. L. still producing?
GOODWIN, N. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODWIN, N. L. is August 2026.
How much has GOODWIN, N. L. produced?
GOODWIN, N. L. has reported 22,667 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is GOODWIN, N. L. worth?
The remaining production from GOODWIN, N. L. is estimated to be worth about $200K in total as of 26 August 2026, within a range of $110K to $290K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODWIN, N. L. is a fraction of it. The estimate fits an Arps decline curve to the production GOODWIN, N. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODWIN, N. L. is an estimate of value, not an offer and not an appraisal.
How much income does GOODWIN, N. L. generate in a year?
GOODWIN, N. L. is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODWIN, N. L. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GOODWIN, N. L. as filed with the Railroad Commission of Texas
OperatorGeowell, Inc.
FieldLeming (2934 Sand)
CountyAtascosa County, Texas
RRC district01
Lease number09542
Wellbores2
Reported production22,667 bbl
First reported
Last reported
Estimated royalty value$200K

Where GOODWIN, N. L. 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.