GALLOPING GHOST OL UNIT
GALLOPING GHOST OL UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from December 1993 to August 2026, totalling 267,592 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 $123K, with roughly $22K 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 33 barrels a month. Its strongest month on the record we hold was July 2022, at 416 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 GALLOPING GHOST OL UNIT
- Who operates GALLOPING GHOST OL UNIT?
- GALLOPING GHOST OL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is GALLOPING GHOST OL UNIT?
- GALLOPING GHOST OL UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22237.
- Is GALLOPING GHOST OL UNIT still producing?
- GALLOPING GHOST OL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALLOPING GHOST OL UNIT is August 2026.
- How much has GALLOPING GHOST OL UNIT produced?
- GALLOPING GHOST OL UNIT has reported 267,592 barrels of oil (bbl) to the Railroad Commission of Texas between December 1993 and August 2026, from 1 wellbore.
- How much is GALLOPING GHOST OL UNIT worth?
- The remaining production from GALLOPING GHOST OL UNIT is estimated to be worth about $123K in total as of 26 August 2026, within a range of $68K to $179K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALLOPING GHOST OL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GALLOPING GHOST OL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALLOPING GHOST OL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GALLOPING GHOST OL UNIT generate in a year?
- GALLOPING GHOST OL UNIT is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALLOPING GHOST OL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 22237 |
| Wellbores | 1 |
| Reported production | 267,592 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where GALLOPING GHOST OL 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.