GOODE-MCMAHAN (AW)
GOODE-MCMAHAN (AW) is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Barrow-Shaver Resources Co. It has 1 wellbore on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 253,210 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 $13.9M, with roughly $3.1M 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 4,867 barrels a month. Its strongest month on the record we hold was July 2023, at 19,920 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GOODE-MCMAHAN (AW)
- Who operates GOODE-MCMAHAN (AW)?
- GOODE-MCMAHAN (AW) is operated by Barrow-Shaver Resources Co., Railroad Commission of Texas operator number 053321.
- Where is GOODE-MCMAHAN (AW)?
- GOODE-MCMAHAN (AW) is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15963.
- Is GOODE-MCMAHAN (AW) still producing?
- GOODE-MCMAHAN (AW) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODE-MCMAHAN (AW) is August 2026.
- How much has GOODE-MCMAHAN (AW) produced?
- GOODE-MCMAHAN (AW) has reported 253,210 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is GOODE-MCMAHAN (AW) worth?
- The remaining production from GOODE-MCMAHAN (AW) is estimated to be worth about $13.9M in total as of 27 August 2026, within a range of $11.6M to $16.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODE-MCMAHAN (AW) is a fraction of it. The estimate fits an Arps decline curve to the production GOODE-MCMAHAN (AW) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODE-MCMAHAN (AW) is an estimate of value, not an offer and not an appraisal.
- How much income does GOODE-MCMAHAN (AW) generate in a year?
- GOODE-MCMAHAN (AW) is forecast to net about $3.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOODE-MCMAHAN (AW) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barrow-Shaver Resources Co. |
|---|---|
| Field | Hidden Rock (Cotton Valley Lime) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 15963 |
| Wellbores | 1 |
| Reported production | 253,210 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.9M |
Where GOODE-MCMAHAN (AW) 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.