GOOGINS 249
GOOGINS 249 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by E R Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from June 2020 to August 2026, totalling 69,101 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 $1.8M, with roughly $532K 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 796 barrels a month, about 398 per wellbore. Its strongest month on the record we hold was January 2022, at 1,422 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 GOOGINS 249
- Who operates GOOGINS 249?
- GOOGINS 249 is operated by E R Operating Company, Railroad Commission of Texas operator number 238075.
- Where is GOOGINS 249?
- GOOGINS 249 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71066.
- Is GOOGINS 249 still producing?
- GOOGINS 249 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOOGINS 249 is August 2026.
- How much has GOOGINS 249 produced?
- GOOGINS 249 has reported 69,101 barrels of oil (bbl) to the Railroad Commission of Texas between June 2020 and August 2026, from 2 wellbores.
- How much is GOOGINS 249 worth?
- The remaining production from GOOGINS 249 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOOGINS 249 is a fraction of it. The estimate fits an Arps decline curve to the production GOOGINS 249 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOOGINS 249 is an estimate of value, not an offer and not an appraisal.
- How much income does GOOGINS 249 generate in a year?
- GOOGINS 249 is forecast to net about $532K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOOGINS 249 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | E R Operating Company |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 71066 |
| Wellbores | 2 |
| Reported production | 69,101 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where GOOGINS 249 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.