GOODALL, R. J.
GOODALL, R. J. is a Texas oil lease in Brown County, Railroad Commission district 7B, operated by Young, L. M. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 68,117 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 $847K, with roughly $160K 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 205 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was December 2023, at 360 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 GOODALL, R. J.
- Who operates GOODALL, R. J.?
- GOODALL, R. J. is operated by Young, L. M., Railroad Commission of Texas operator number 948600.
- Where is GOODALL, R. J.?
- GOODALL, R. J. is a Texas oil lease in Brown County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 17822.
- Is GOODALL, R. J. still producing?
- GOODALL, R. J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODALL, R. J. is August 2026.
- How much has GOODALL, R. J. produced?
- GOODALL, R. J. has reported 68,117 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is GOODALL, R. J. worth?
- The remaining production from GOODALL, R. J. is estimated to be worth about $847K in total as of 26 August 2026, within a range of $660K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODALL, R. J. is a fraction of it. The estimate fits an Arps decline curve to the production GOODALL, R. J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODALL, R. J. is an estimate of value, not an offer and not an appraisal.
- How much income does GOODALL, R. J. generate in a year?
- GOODALL, R. J. is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODALL, R. J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Young, L. M. |
|---|---|
| Field | Dale (Caddo) |
| County | Brown County, Texas |
| RRC district | 7B |
| Lease number | 17822 |
| Wellbores | 9 |
| Reported production | 68,117 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $847K |
Where GOODALL, R. J. 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.