GOSSETT-SHANNON
GOSSETT-SHANNON is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Rec Well Service, Inc. It has 4 wellbores on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 27,326 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 $297K, with roughly $57K 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 89 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was September 2019, at 250 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 GOSSETT-SHANNON
- Who operates GOSSETT-SHANNON?
- GOSSETT-SHANNON is operated by Rec Well Service, Inc., Railroad Commission of Texas operator number 696446.
- Where is GOSSETT-SHANNON?
- GOSSETT-SHANNON is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14694.
- Is GOSSETT-SHANNON still producing?
- GOSSETT-SHANNON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOSSETT-SHANNON is August 2026.
- How much has GOSSETT-SHANNON produced?
- GOSSETT-SHANNON has reported 27,326 barrels of oil (bbl) to the Railroad Commission of Texas between March 2006 and August 2026, from 4 wellbores.
- How much is GOSSETT-SHANNON worth?
- The remaining production from GOSSETT-SHANNON is estimated to be worth about $297K in total as of 27 August 2026, within a range of $163K to $431K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOSSETT-SHANNON is a fraction of it. The estimate fits an Arps decline curve to the production GOSSETT-SHANNON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOSSETT-SHANNON is an estimate of value, not an offer and not an appraisal.
- How much income does GOSSETT-SHANNON generate in a year?
- GOSSETT-SHANNON is forecast to net about $57K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOSSETT-SHANNON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rec Well Service, Inc. |
|---|---|
| Field | Pleasanton, E. (Escondido) |
| County | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 14694 |
| Wellbores | 4 |
| Reported production | 27,326 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $297K |
Where GOSSETT-SHANNON 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.