TOMBALL OUTLOT OIL UNIT
TOMBALL OUTLOT OIL UNIT is a Texas oil lease in Harris County, Railroad Commission district 03, operated by Gaither Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 1996 to August 2026, totalling 252,418 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 $1.1M, with roughly $256K 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 342 barrels a month. Its strongest month on the record we hold was May 2016, at 769 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 TOMBALL OUTLOT OIL UNIT
- Who operates TOMBALL OUTLOT OIL UNIT?
- TOMBALL OUTLOT OIL UNIT is operated by Gaither Petroleum Corporation, Railroad Commission of Texas operator number 292850.
- Where is TOMBALL OUTLOT OIL UNIT?
- TOMBALL OUTLOT OIL UNIT is a Texas oil lease in Harris County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23095.
- Is TOMBALL OUTLOT OIL UNIT still producing?
- TOMBALL OUTLOT OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOMBALL OUTLOT OIL UNIT is August 2026.
- How much has TOMBALL OUTLOT OIL UNIT produced?
- TOMBALL OUTLOT OIL UNIT has reported 252,418 barrels of oil (bbl) to the Railroad Commission of Texas between October 1996 and August 2026, from 1 wellbore.
- How much is TOMBALL OUTLOT OIL UNIT worth?
- The remaining production from TOMBALL OUTLOT OIL UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $880K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOMBALL OUTLOT OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TOMBALL OUTLOT OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOMBALL OUTLOT OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TOMBALL OUTLOT OIL UNIT generate in a year?
- TOMBALL OUTLOT OIL UNIT is forecast to net about $256K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOMBALL OUTLOT OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gaither Petroleum Corporation |
|---|---|
| Field | Tomball (Schultz Lo. N.E.) |
| County | Harris County, Texas |
| RRC district | 03 |
| Lease number | 23095 |
| Wellbores | 1 |
| Reported production | 252,418 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where TOMBALL OUTLOT OIL 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.