GOODHART
GOODHART is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Barrow-Shaver Resources Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 61,449 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 $4.3M, with roughly $1.0M 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 1,433 barrels a month. Its strongest month on the record we hold was August 2023, at 4,192 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GOODHART
- Who operates GOODHART?
- GOODHART is operated by Barrow-Shaver Resources Co., Railroad Commission of Texas operator number 053321.
- Where is GOODHART?
- GOODHART is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15999.
- Is GOODHART still producing?
- GOODHART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODHART is August 2026.
- How much has GOODHART produced?
- GOODHART has reported 61,449 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is GOODHART worth?
- The remaining production from GOODHART is estimated to be worth about $4.3M in total as of 26 August 2026, within a range of $3.6M to $5.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODHART is a fraction of it. The estimate fits an Arps decline curve to the production GOODHART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODHART is an estimate of value, not an offer and not an appraisal.
- How much income does GOODHART generate in a year?
- GOODHART is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODHART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barrow-Shaver Resources Co. |
|---|---|
| Field | Hidden Rock (Cotton Valley Lime) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 15999 |
| Wellbores | 1 |
| Reported production | 61,449 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where GOODHART 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.