G-M-K WEST UNIT
G-M-K WEST UNIT is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Apache Corporation. It has 19 wellbores on file with the Commission. Reported production runs from December 2001 to August 2026, totalling 1,771,464 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 $3.6M, with roughly $805K 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 1,294 barrels a month, about 68 per wellbore. Its strongest month on the record we hold was January 2017, at 5,538 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 G-M-K WEST UNIT
- Who operates G-M-K WEST UNIT?
- G-M-K WEST UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is G-M-K WEST UNIT?
- G-M-K WEST UNIT is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68366.
- Is G-M-K WEST UNIT still producing?
- G-M-K WEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for G-M-K WEST UNIT is August 2026.
- How much has G-M-K WEST UNIT produced?
- G-M-K WEST UNIT has reported 1,771,464 barrels of oil (bbl) to the Railroad Commission of Texas between December 2001 and August 2026, from 19 wellbores.
- How much is G-M-K WEST UNIT worth?
- The remaining production from G-M-K WEST UNIT is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $3.0M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in G-M-K WEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production G-M-K WEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for G-M-K WEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does G-M-K WEST UNIT generate in a year?
- G-M-K WEST UNIT is forecast to net about $805K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in G-M-K WEST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | G-M-K, West (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 68366 |
| Wellbores | 19 |
| Reported production | 1,771,464 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where G-M-K WEST 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.