F-J-S /STRAWN/ UNIT

F-J-S /STRAWN/ UNIT is a Texas oil lease in Clay County, Railroad Commission district 09, operated by GBG Operating Corp. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,992 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 $70K, with roughly $13K 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 2 per wellbore. Its strongest month on the record we hold was March 2021, at 70 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 F-J-S /STRAWN/ UNIT

Who operates F-J-S /STRAWN/ UNIT?: F-J-S /STRAWN/ UNIT is operated by GBG Operating Corp., Railroad Commission of Texas operator number 298372.
Where is F-J-S /STRAWN/ UNIT?: F-J-S /STRAWN/ UNIT is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16478.
Is F-J-S /STRAWN/ UNIT still producing?: F-J-S /STRAWN/ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for F-J-S /STRAWN/ UNIT is August 2026.
How much has F-J-S /STRAWN/ UNIT produced?: F-J-S /STRAWN/ UNIT has reported 40,992 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
How much is F-J-S /STRAWN/ UNIT worth?: The remaining production from F-J-S /STRAWN/ UNIT is estimated to be worth about $70K in total as of 26 August 2026, within a range of $39K to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in F-J-S /STRAWN/ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production F-J-S /STRAWN/ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for F-J-S /STRAWN/ UNIT is an estimate of value, not an offer and not an appraisal.
How much income does F-J-S /STRAWN/ UNIT generate in a year?: F-J-S /STRAWN/ UNIT is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in F-J-S /STRAWN/ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

F-J-S /STRAWN/ UNIT as filed with the Railroad Commission of Texas
Operator	GBG Operating Corp.
Field	Tally (Strawn)
County	Clay County, Texas
RRC district	09
Lease number	16478
Wellbores	8
Reported production	40,992 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$70K

Where F-J-S /STRAWN/ UNIT sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.