GOOD "36"

GOOD "36" is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Conoco Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 232,660 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 $788K, with roughly $151K 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 280 barrels a month, about 140 per wellbore. Its strongest month on the record we hold was May 2016, at 683 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 GOOD "36"

Who operates GOOD "36"?
GOOD "36" is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
Where is GOOD "36"?
GOOD "36" is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62705.
Is GOOD "36" still producing?
GOOD "36" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOOD "36" is August 2026.
How much has GOOD "36" produced?
GOOD "36" has reported 232,660 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is GOOD "36" worth?
The remaining production from GOOD "36" is estimated to be worth about $788K in total as of 27 August 2026, within a range of $615K to $962K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOOD "36" is a fraction of it. The estimate fits an Arps decline curve to the production GOOD "36" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOOD "36" is an estimate of value, not an offer and not an appraisal.
How much income does GOOD "36" generate in a year?
GOOD "36" is forecast to net about $151K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOOD "36" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GOOD "36" as filed with the Railroad Commission of Texas
OperatorConoco Inc.
FieldJo-Mill (Spraberry)
CountyBorden County, Texas
RRC district8A
Lease number62705
Wellbores2
Reported production232,660 bbl
First reported
Last reported
Estimated royalty value$788K

Where GOOD "36" 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.