GOREE, G. W.
GOREE, G. W. is a Texas oil lease in Bee County, Railroad Commission district 02, operated by Brown, Russell Operator, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 68,211 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 $46K, with roughly $9K 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was November 2020, at 416 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 GOREE, G. W.
- Who operates GOREE, G. W.?
- GOREE, G. W. is operated by Brown, Russell Operator, Inc., Railroad Commission of Texas operator number 101576.
- Where is GOREE, G. W.?
- GOREE, G. W. is a Texas oil lease in Bee County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 02381.
- Is GOREE, G. W. still producing?
- GOREE, G. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOREE, G. W. is August 2026.
- How much has GOREE, G. W. produced?
- GOREE, G. W. has reported 68,211 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is GOREE, G. W. worth?
- The remaining production from GOREE, G. W. is estimated to be worth about $46K in total as of 26 August 2026, within a range of $26K to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOREE, G. W. is a fraction of it. The estimate fits an Arps decline curve to the production GOREE, G. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOREE, G. W. is an estimate of value, not an offer and not an appraisal.
- How much income does GOREE, G. W. generate in a year?
- GOREE, G. W. is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOREE, G. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brown, Russell Operator, Inc. |
|---|---|
| Field | Goree |
| County | Bee County, Texas |
| RRC district | 02 |
| Lease number | 02381 |
| Wellbores | 2 |
| Reported production | 68,211 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where GOREE, G. W. 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.