GILLESPIE
GILLESPIE is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Banam Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 170,756 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 $311K, with roughly $60K 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 86 barrels a month. Its strongest month on the record we hold was March 2026, at 110 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 GILLESPIE
- Who operates GILLESPIE?
- GILLESPIE is operated by Banam Corporation, Railroad Commission of Texas operator number 048175.
- Where is GILLESPIE?
- GILLESPIE is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62371.
- Is GILLESPIE still producing?
- GILLESPIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILLESPIE is August 2026.
- How much has GILLESPIE produced?
- GILLESPIE has reported 170,756 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GILLESPIE worth?
- The remaining production from GILLESPIE is estimated to be worth about $311K in total as of 26 August 2026, within a range of $171K to $451K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILLESPIE is a fraction of it. The estimate fits an Arps decline curve to the production GILLESPIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILLESPIE is an estimate of value, not an offer and not an appraisal.
- How much income does GILLESPIE generate in a year?
- GILLESPIE is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GILLESPIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Banam Corporation |
|---|---|
| Field | Felken (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 62371 |
| Wellbores | 1 |
| Reported production | 170,756 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $311K |
Where GILLESPIE 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.