GONZALES
GONZALES is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Virtex Operating Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 23,649 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 $227K, with roughly $40K 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 46 barrels a month. Its strongest month on the record we hold was January 2018, at 210 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GONZALES
- Who operates GONZALES?
- GONZALES is operated by Virtex Operating Company, Inc., Railroad Commission of Texas operator number 886261.
- Where is GONZALES?
- GONZALES is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17687.
- Is GONZALES still producing?
- GONZALES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GONZALES is August 2026.
- How much has GONZALES produced?
- GONZALES has reported 23,649 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 1 wellbore.
- How much is GONZALES worth?
- The remaining production from GONZALES is estimated to be worth about $227K in total as of 27 August 2026, within a range of $125K to $329K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GONZALES is a fraction of it. The estimate fits an Arps decline curve to the production GONZALES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GONZALES is an estimate of value, not an offer and not an appraisal.
- How much income does GONZALES generate in a year?
- GONZALES is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GONZALES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Operating Company, Inc. |
|---|---|
| Field | Jourdanton (Austin Chalk) |
| County | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 17687 |
| Wellbores | 1 |
| Reported production | 23,649 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $227K |
Where GONZALES 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.