GALLOWAY
GALLOWAY is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 3 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 192,355 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 $1.2M, with roughly $255K 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 379 barrels a month, about 126 per wellbore. Its strongest month on the record we hold was October 2016, at 1,656 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 GALLOWAY
- Who operates GALLOWAY?
- GALLOWAY is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is GALLOWAY?
- GALLOWAY is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41658.
- Is GALLOWAY still producing?
- GALLOWAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALLOWAY is August 2026.
- How much has GALLOWAY produced?
- GALLOWAY has reported 192,355 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 3 wellbores.
- How much is GALLOWAY worth?
- The remaining production from GALLOWAY is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $938K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALLOWAY is a fraction of it. The estimate fits an Arps decline curve to the production GALLOWAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALLOWAY is an estimate of value, not an offer and not an appraisal.
- How much income does GALLOWAY generate in a year?
- GALLOWAY is forecast to net about $255K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALLOWAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 41658 |
| Wellbores | 3 |
| Reported production | 192,355 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where GALLOWAY 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.