GORDON
GORDON is a Texas oil lease in Galveston County, Railroad Commission district 03, operated by Hilcorp Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 6,482 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 $282K, with roughly $54K 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 95 barrels a month. Its strongest month on the record we hold was October 2025, at 385 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 GORDON
- Who operates GORDON?
- GORDON is operated by Hilcorp Energy Company, Railroad Commission of Texas operator number 386310.
- Where is GORDON?
- GORDON is a Texas oil lease in Galveston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27381.
- Is GORDON still producing?
- GORDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GORDON is August 2026.
- How much has GORDON produced?
- GORDON has reported 6,482 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is GORDON worth?
- The remaining production from GORDON is estimated to be worth about $282K in total as of 27 August 2026, within a range of $155K to $410K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GORDON is a fraction of it. The estimate fits an Arps decline curve to the production GORDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GORDON is an estimate of value, not an offer and not an appraisal.
- How much income does GORDON generate in a year?
- GORDON is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GORDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hilcorp Energy Company |
|---|---|
| Field | Franks (Banfield) |
| County | Galveston County, Texas |
| RRC district | 03 |
| Lease number | 27381 |
| Wellbores | 1 |
| Reported production | 6,482 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $282K |
Where GORDON 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.