GERTSON DRILLING UNIT
GERTSON DRILLING UNIT is a Texas oil lease in Colorado County, Railroad Commission district 03, operated by Klotzman, M. S. Exploration Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,678 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 $17K, with roughly $3K 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 8 barrels a month. Its strongest month on the record we hold was May 2024, at 123 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 GERTSON DRILLING UNIT
- Who operates GERTSON DRILLING UNIT?
- GERTSON DRILLING UNIT is operated by Klotzman, M. S. Exploration Co., Railroad Commission of Texas operator number 470566.
- Where is GERTSON DRILLING UNIT?
- GERTSON DRILLING UNIT is a Texas oil lease in Colorado County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18338.
- Is GERTSON DRILLING UNIT still producing?
- GERTSON DRILLING UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GERTSON DRILLING UNIT is August 2026.
- How much has GERTSON DRILLING UNIT produced?
- GERTSON DRILLING UNIT has reported 22,678 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GERTSON DRILLING UNIT worth?
- The remaining production from GERTSON DRILLING UNIT is estimated to be worth about $17K in total as of 27 August 2026, within a range of $0 to $35K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GERTSON DRILLING UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GERTSON DRILLING UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GERTSON DRILLING UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GERTSON DRILLING UNIT generate in a year?
- GERTSON DRILLING UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GERTSON DRILLING UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Klotzman, M. S. Exploration Co. |
|---|---|
| Field | Eagle View (9050 Wilcox A-2) |
| County | Colorado County, Texas |
| RRC district | 03 |
| Lease number | 18338 |
| Wellbores | 1 |
| Reported production | 22,678 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where GERTSON DRILLING UNIT 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.