PETERSON, G.
PETERSON, G. is a Texas oil lease in Chambers County, Railroad Commission district 03, operated by Mcgowan Working Partners. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 145,360 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 $970K, with roughly $180K 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 226 barrels a month, about 113 per wellbore. Its strongest month on the record we hold was April 2018, at 331 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 PETERSON, G.
- Who operates PETERSON, G.?
- PETERSON, G. is operated by Mcgowan Working Partners, Railroad Commission of Texas operator number 549832.
- Where is PETERSON, G.?
- PETERSON, G. is a Texas oil lease in Chambers County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 00063.
- Is PETERSON, G. still producing?
- PETERSON, G. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERSON, G. is August 2026.
- How much has PETERSON, G. produced?
- PETERSON, G. has reported 145,360 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PETERSON, G. worth?
- The remaining production from PETERSON, G. is estimated to be worth about $970K in total as of 26 August 2026, within a range of $757K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERSON, G. is a fraction of it. The estimate fits an Arps decline curve to the production PETERSON, G. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERSON, G. is an estimate of value, not an offer and not an appraisal.
- How much income does PETERSON, G. generate in a year?
- PETERSON, G. is forecast to net about $180K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PETERSON, G. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcgowan Working Partners |
|---|---|
| Field | Anahuac |
| County | Chambers County, Texas |
| RRC district | 03 |
| Lease number | 00063 |
| Wellbores | 2 |
| Reported production | 145,360 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $970K |
Where PETERSON, G. 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.