GPC PEDRO MORALES UNIT
GPC PEDRO MORALES UNIT is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Goodrich Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2011 to August 2026, totalling 98,701 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 $554K, with roughly $107K 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 118 barrels a month. Its strongest month on the record we hold was September 2022, at 671 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 GPC PEDRO MORALES UNIT
- Who operates GPC PEDRO MORALES UNIT?
- GPC PEDRO MORALES UNIT is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
- Where is GPC PEDRO MORALES UNIT?
- GPC PEDRO MORALES UNIT is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15651.
- Is GPC PEDRO MORALES UNIT still producing?
- GPC PEDRO MORALES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GPC PEDRO MORALES UNIT is August 2026.
- How much has GPC PEDRO MORALES UNIT produced?
- GPC PEDRO MORALES UNIT has reported 98,701 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is GPC PEDRO MORALES UNIT worth?
- The remaining production from GPC PEDRO MORALES UNIT is estimated to be worth about $554K in total as of 27 August 2026, within a range of $432K to $676K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GPC PEDRO MORALES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GPC PEDRO MORALES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GPC PEDRO MORALES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GPC PEDRO MORALES UNIT generate in a year?
- GPC PEDRO MORALES UNIT is forecast to net about $107K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GPC PEDRO MORALES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goodrich Petroleum Company |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 15651 |
| Wellbores | 1 |
| Reported production | 98,701 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $554K |
Where GPC PEDRO MORALES 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.