GUSTAVO
GUSTAVO is a Texas oil lease in Brazos County, Railroad Commission district 05, operated by Apache Corporation. It has 4 wellbores on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 380,245 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 $1.6M, with roughly $724K 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 648 barrels a month, about 162 per wellbore. Its strongest month on the record we hold was May 2016, at 5,306 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 GUSTAVO
- Who operates GUSTAVO?
- GUSTAVO is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is GUSTAVO?
- GUSTAVO is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04187.
- Is GUSTAVO still producing?
- GUSTAVO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUSTAVO is August 2026.
- How much has GUSTAVO produced?
- GUSTAVO has reported 380,245 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 4 wellbores.
- How much is GUSTAVO worth?
- The remaining production from GUSTAVO is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUSTAVO is a fraction of it. The estimate fits an Arps decline curve to the production GUSTAVO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUSTAVO is an estimate of value, not an offer and not an appraisal.
- How much income does GUSTAVO generate in a year?
- GUSTAVO is forecast to net about $724K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUSTAVO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Brazos County, Texas |
| RRC district | 05 |
| Lease number | 04187 |
| Wellbores | 4 |
| Reported production | 380,245 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where GUSTAVO 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.