MARDERS, GORDON
MARDERS, GORDON is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Ice Brothers, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,422 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 $120K, with roughly $23K 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 29 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was February 2023, at 55 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 MARDERS, GORDON
- Who operates MARDERS, GORDON?
- MARDERS, GORDON is operated by Ice Brothers, Inc., Railroad Commission of Texas operator number 421790.
- Where is MARDERS, GORDON?
- MARDERS, GORDON is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 19827.
- Is MARDERS, GORDON still producing?
- MARDERS, GORDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARDERS, GORDON is August 2026.
- How much has MARDERS, GORDON produced?
- MARDERS, GORDON has reported 12,422 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MARDERS, GORDON worth?
- The remaining production from MARDERS, GORDON is estimated to be worth about $120K in total as of 27 August 2026, within a range of $66K to $173K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARDERS, GORDON is a fraction of it. The estimate fits an Arps decline curve to the production MARDERS, GORDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARDERS, GORDON is an estimate of value, not an offer and not an appraisal.
- How much income does MARDERS, GORDON generate in a year?
- MARDERS, GORDON is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARDERS, GORDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ice Brothers, Inc. |
|---|---|
| Field | Shipley (Glorieta) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 19827 |
| Wellbores | 2 |
| Reported production | 12,422 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where MARDERS, 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.