GOBER, G. T. - SNOWDEN

GOBER, G. T. - SNOWDEN is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Romac Oil Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,185 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 $357K, with roughly $61K 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 66 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was May 2023, at 131 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 GOBER, G. T. - SNOWDEN

Who operates GOBER, G. T. - SNOWDEN?
GOBER, G. T. - SNOWDEN is operated by Romac Oil Company, Inc., Railroad Commission of Texas operator number 727003.
Where is GOBER, G. T. - SNOWDEN?
GOBER, G. T. - SNOWDEN is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 04937.
Is GOBER, G. T. - SNOWDEN still producing?
GOBER, G. T. - SNOWDEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOBER, G. T. - SNOWDEN is August 2026.
How much has GOBER, G. T. - SNOWDEN produced?
GOBER, G. T. - SNOWDEN has reported 36,185 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is GOBER, G. T. - SNOWDEN worth?
The remaining production from GOBER, G. T. - SNOWDEN is estimated to be worth about $357K in total as of 26 August 2026, within a range of $196K to $518K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOBER, G. T. - SNOWDEN is a fraction of it. The estimate fits an Arps decline curve to the production GOBER, G. T. - SNOWDEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOBER, G. T. - SNOWDEN is an estimate of value, not an offer and not an appraisal.
How much income does GOBER, G. T. - SNOWDEN generate in a year?
GOBER, G. T. - SNOWDEN is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOBER, G. T. - SNOWDEN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GOBER, G. T. - SNOWDEN as filed with the Railroad Commission of Texas
OperatorRomac Oil Company, Inc.
FieldGober (Marble Falls Congl.)
CountyThrockmorton County, Texas
RRC district7B
Lease number04937
Wellbores2
Reported production36,185 bbl
First reported
Last reported
Estimated royalty value$357K

Where GOBER, G. T. - SNOWDEN 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.