GAILLARD FEE, TR. 1
GAILLARD FEE, TR. 1 is a Texas oil lease in Harris County, Railroad Commission district 03, operated by Pennzoil Petroleum Company. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 188,429 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $8K, with roughly $2K expected over the next twelve months.
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Goose Creek |
| County | Harris County, Texas |
| RRC district | 03 |
| Lease number | 05569 |
| Wellbores | 11 |
| Reported production | 188,429 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.