GILBERT 25-24 (ALLOC-G)
GILBERT 25-24 (ALLOC-G) is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 199,236 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 $2.5M, with roughly $749K 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 1,091 barrels a month. Its strongest month on the record we hold was January 2021, at 25,627 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 GILBERT 25-24 (ALLOC-G)
- Who operates GILBERT 25-24 (ALLOC-G)?
- GILBERT 25-24 (ALLOC-G) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is GILBERT 25-24 (ALLOC-G)?
- GILBERT 25-24 (ALLOC-G) is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54299.
- Is GILBERT 25-24 (ALLOC-G) still producing?
- GILBERT 25-24 (ALLOC-G) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILBERT 25-24 (ALLOC-G) is August 2026.
- How much has GILBERT 25-24 (ALLOC-G) produced?
- GILBERT 25-24 (ALLOC-G) has reported 199,236 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is GILBERT 25-24 (ALLOC-G) worth?
- The remaining production from GILBERT 25-24 (ALLOC-G) is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.1M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILBERT 25-24 (ALLOC-G) is a fraction of it. The estimate fits an Arps decline curve to the production GILBERT 25-24 (ALLOC-G) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILBERT 25-24 (ALLOC-G) is an estimate of value, not an offer and not an appraisal.
- How much income does GILBERT 25-24 (ALLOC-G) generate in a year?
- GILBERT 25-24 (ALLOC-G) is forecast to net about $749K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GILBERT 25-24 (ALLOC-G) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54299 |
| Wellbores | 1 |
| Reported production | 199,236 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where GILBERT 25-24 (ALLOC-G) 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.