GONZO
GONZO is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Ironroc Energy. It has 3 wellbores on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 629,320 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 $79K, with roughly $24K expected over the next twelve months.
| Operator | Ironroc Energy |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 27776 |
| Wellbores | 3 |
| Reported production | 629,320 bbl |
| First reported | January 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $79K |
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.