FEDERAL GAYATT
FEDERAL GAYATT is a Texas oil lease in Galveston County, Railroad Commission district 03, operated by Daniels Corporation, The. It has 2 wellbores on file with the Commission. Reported production runs from April 1994 to August 2026, totalling 1,250,282 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 $126K, with roughly $29K expected over the next twelve months.
| Operator | Daniels Corporation, The |
|---|---|
| Field | Franks, Nw. (8900) |
| County | Galveston County, Texas |
| RRC district | 03 |
| Lease number | 22502 |
| Wellbores | 2 |
| Reported production | 1,250,282 bbl |
| First reported | April 1994 |
| Last reported | August 2026 |
| Estimated royalty value | $126K |
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.