GORDON NC
GORDON NC is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Gunn Oil Company. It has 6 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 534,644 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 $7.9M, with roughly $1.8M 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 2,695 barrels a month, about 449 per wellbore. Its strongest month on the record we hold was June 2018, at 9,560 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GORDON NC
- Who operates GORDON NC?
- GORDON NC is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is GORDON NC?
- GORDON NC is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31846.
- Is GORDON NC still producing?
- GORDON NC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GORDON NC is August 2026.
- How much has GORDON NC produced?
- GORDON NC has reported 534,644 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 6 wellbores.
- How much is GORDON NC worth?
- The remaining production from GORDON NC is estimated to be worth about $7.9M in total as of 26 August 2026, within a range of $6.5M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GORDON NC is a fraction of it. The estimate fits an Arps decline curve to the production GORDON NC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GORDON NC is an estimate of value, not an offer and not an appraisal.
- How much income does GORDON NC generate in a year?
- GORDON NC is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GORDON NC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Bridjourner (Canyon) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 31846 |
| Wellbores | 6 |
| Reported production | 534,644 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where GORDON NC 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.