GOODLAND
GOODLAND is a Texas oil lease in Robertson County, Railroad Commission district 03, operated by Jetta Operating Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 53,521 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 $443K, with roughly $85K 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 118 barrels a month. Its strongest month on the record we hold was August 2016, at 1,194 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 GOODLAND
- Who operates GOODLAND?
- GOODLAND is operated by Jetta Operating Company, Inc., Railroad Commission of Texas operator number 432283.
- Where is GOODLAND?
- GOODLAND is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26410.
- Is GOODLAND still producing?
- GOODLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODLAND is August 2026.
- How much has GOODLAND produced?
- GOODLAND has reported 53,521 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is GOODLAND worth?
- The remaining production from GOODLAND is estimated to be worth about $443K in total as of 26 August 2026, within a range of $345K to $540K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODLAND is a fraction of it. The estimate fits an Arps decline curve to the production GOODLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODLAND is an estimate of value, not an offer and not an appraisal.
- How much income does GOODLAND generate in a year?
- GOODLAND is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODLAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Operating Company, Inc. |
|---|---|
| Field | Giddings (Buda) |
| County | Robertson County, Texas |
| RRC district | 03 |
| Lease number | 26410 |
| Wellbores | 1 |
| Reported production | 53,521 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $443K |
Where GOODLAND 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.