LEGACY
LEGACY is a Texas oil lease in Montague County, Railroad Commission district 09, operated by G & F Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 24,863 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $10K, with roughly $1K expected over the next twelve months.
| Operator | G & F Oil, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 31974 |
| Wellbores | 1 |
| Reported production | 24,863 bbl |
| First reported | May 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $10K |
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.