RR-GOOGINS 216-W POOLED UNIT
RR-GOOGINS 216-W POOLED UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by E R Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2022 to August 2026, totalling 71,332 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 $3.2M, with roughly $722K 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 931 barrels a month. Its strongest month on the record we hold was February 2022, at 4,018 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 RR-GOOGINS 216-W POOLED UNIT
- Who operates RR-GOOGINS 216-W POOLED UNIT?
- RR-GOOGINS 216-W POOLED UNIT is operated by E R Operating Company, Railroad Commission of Texas operator number 238075.
- Where is RR-GOOGINS 216-W POOLED UNIT?
- RR-GOOGINS 216-W POOLED UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71198.
- Is RR-GOOGINS 216-W POOLED UNIT still producing?
- RR-GOOGINS 216-W POOLED UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RR-GOOGINS 216-W POOLED UNIT is August 2026.
- How much has RR-GOOGINS 216-W POOLED UNIT produced?
- RR-GOOGINS 216-W POOLED UNIT has reported 71,332 barrels of oil (bbl) to the Railroad Commission of Texas between January 2022 and August 2026, from 1 wellbore.
- How much is RR-GOOGINS 216-W POOLED UNIT worth?
- The remaining production from RR-GOOGINS 216-W POOLED UNIT is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.5M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RR-GOOGINS 216-W POOLED UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RR-GOOGINS 216-W POOLED UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RR-GOOGINS 216-W POOLED UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RR-GOOGINS 216-W POOLED UNIT generate in a year?
- RR-GOOGINS 216-W POOLED UNIT is forecast to net about $722K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RR-GOOGINS 216-W POOLED UNIT 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 | 71198 |
| Wellbores | 1 |
| Reported production | 71,332 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where RR-GOOGINS 216-W POOLED UNIT 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.