FORBES 17
FORBES 17 is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Young, Marshall R., Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 31,914 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $15, with roughly $3 expected over the next twelve months.
| Operator | Young, Marshall R., Oil Co. |
|---|---|
| Field | New Era (Glorieta) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 68221 |
| Wellbores | 1 |
| Reported production | 31,914 bbl |
| First reported | August 2000 |
| Last reported | August 2026 |
| Estimated royalty value | $15 |
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.