GBT 106
GBT 106 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 23,039 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 $56K, with roughly $10K 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 28 barrels a month. Its strongest month on the record we hold was November 2018, at 2,678 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 GBT 106
- Who operates GBT 106?
- GBT 106 is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
- Where is GBT 106?
- GBT 106 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51096.
- Is GBT 106 still producing?
- GBT 106 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GBT 106 is August 2026.
- How much has GBT 106 produced?
- GBT 106 has reported 23,039 barrels of oil (bbl) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is GBT 106 worth?
- The remaining production from GBT 106 is estimated to be worth about $56K in total as of 27 August 2026, within a range of $31K to $81K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GBT 106 is a fraction of it. The estimate fits an Arps decline curve to the production GBT 106 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GBT 106 is an estimate of value, not an offer and not an appraisal.
- How much income does GBT 106 generate in a year?
- GBT 106 is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GBT 106 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hannathon Petroleum, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 51096 |
| Wellbores | 1 |
| Reported production | 23,039 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $56K |
Where GBT 106 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.