GOINS
GOINS is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Petroleum Technical Services Co. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 625,266 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 $779K, with roughly $265K 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 430 barrels a month, about 48 per wellbore. Its strongest month on the record we hold was January 2019, at 1,105 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 GOINS
- Who operates GOINS?
- GOINS is operated by Petroleum Technical Services Co., Railroad Commission of Texas operator number 660842.
- Where is GOINS?
- GOINS is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66252.
- Is GOINS still producing?
- GOINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOINS is August 2026.
- How much has GOINS produced?
- GOINS has reported 625,266 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is GOINS worth?
- The remaining production from GOINS is estimated to be worth about $779K in total as of 26 August 2026, within a range of $608K to $950K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOINS is a fraction of it. The estimate fits an Arps decline curve to the production GOINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOINS is an estimate of value, not an offer and not an appraisal.
- How much income does GOINS generate in a year?
- GOINS is forecast to net about $265K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroleum Technical Services Co. |
|---|---|
| Field | Tex-Mex, Se. (Wichita Albany) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 66252 |
| Wellbores | 9 |
| Reported production | 625,266 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $779K |
Where GOINS 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.