GOOD
GOOD is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Beach Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 15,221 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 $826K, with roughly $240K 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 401 barrels a month. Its strongest month on the record we hold was July 2024, at 1,674 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 GOOD
- Who operates GOOD?
- GOOD is operated by Beach Exploration, Inc., Railroad Commission of Texas operator number 058915.
- Where is GOOD?
- GOOD is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71389.
- Is GOOD still producing?
- GOOD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOOD is August 2026.
- How much has GOOD produced?
- GOOD has reported 15,221 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 1 wellbore.
- How much is GOOD worth?
- The remaining production from GOOD is estimated to be worth about $826K in total as of 27 August 2026, within a range of $644K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOOD is a fraction of it. The estimate fits an Arps decline curve to the production GOOD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOOD is an estimate of value, not an offer and not an appraisal.
- How much income does GOOD generate in a year?
- GOOD is forecast to net about $240K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOOD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Beach Exploration, Inc. |
|---|---|
| Field | Ackerly (Dean SD., Se.) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 71389 |
| Wellbores | 1 |
| Reported production | 15,221 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $826K |
Where GOOD 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.