GOODSPEED C
GOODSPEED C is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 471,397 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 $5.8M, with roughly $1.7M 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 2,472 barrels a month. Its strongest month on the record we hold was November 2021, at 20,188 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 GOODSPEED C
- Who operates GOODSPEED C?
- GOODSPEED C is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is GOODSPEED C?
- GOODSPEED C is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54805.
- Is GOODSPEED C still producing?
- GOODSPEED C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODSPEED C is August 2026.
- How much has GOODSPEED C produced?
- GOODSPEED C has reported 471,397 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 1 wellbore.
- How much is GOODSPEED C worth?
- The remaining production from GOODSPEED C is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODSPEED C is a fraction of it. The estimate fits an Arps decline curve to the production GOODSPEED C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODSPEED C is an estimate of value, not an offer and not an appraisal.
- How much income does GOODSPEED C generate in a year?
- GOODSPEED C is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOODSPEED C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 54805 |
| Wellbores | 1 |
| Reported production | 471,397 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where GOODSPEED C 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.