GOODSON
GOODSON is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Eratz Investments Inc. It has 14 wellbores on file with the Commission. Reported production runs from September 2002 to August 2026, totalling 183,677 barrels. The lease is intermittent. 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 $12K, with roughly $2K 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 6 barrels a month. Its strongest month on the record we hold was January 2017, at 1,098 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GOODSON
- Who operates GOODSON?
- GOODSON is operated by Eratz Investments Inc., Railroad Commission of Texas operator number 253336.
- Where is GOODSON?
- GOODSON is a Texas oil lease in Coleman County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29193.
- Is GOODSON still producing?
- GOODSON is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GOODSON is August 2026.
- How much has GOODSON produced?
- GOODSON has reported 183,677 barrels of oil (bbl) to the Railroad Commission of Texas between September 2002 and August 2026, from 14 wellbores.
- How much is GOODSON worth?
- The remaining production from GOODSON is estimated to be worth about $12K in total as of 26 August 2026, within a range of $0 to $24K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODSON is a fraction of it. The estimate fits an Arps decline curve to the production GOODSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODSON is an estimate of value, not an offer and not an appraisal.
- How much income does GOODSON generate in a year?
- GOODSON is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eratz Investments Inc. |
|---|---|
| Field | Novice |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 29193 |
| Wellbores | 14 |
| Reported production | 183,677 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where GOODSON 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.