HIGG RANCH 455
HIGG RANCH 455 is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Gungoll, Carl E. Exploration LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 1,521 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 $375K, with roughly $71K 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 69 barrels a month. Its strongest month on the record we hold was December 2025, at 116 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HIGG RANCH 455
- Who operates HIGG RANCH 455?
- HIGG RANCH 455 is operated by Gungoll, Carl E. Exploration LLC, Railroad Commission of Texas operator number 339348.
- Where is HIGG RANCH 455?
- HIGG RANCH 455 is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71191.
- Is HIGG RANCH 455 still producing?
- HIGG RANCH 455 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIGG RANCH 455 is August 2026.
- How much has HIGG RANCH 455 produced?
- HIGG RANCH 455 has reported 1,521 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is HIGG RANCH 455 worth?
- The remaining production from HIGG RANCH 455 is estimated to be worth about $375K in total as of 26 August 2026, within a range of $206K to $544K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIGG RANCH 455 is a fraction of it. The estimate fits an Arps decline curve to the production HIGG RANCH 455 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIGG RANCH 455 is an estimate of value, not an offer and not an appraisal.
- How much income does HIGG RANCH 455 generate in a year?
- HIGG RANCH 455 is forecast to net about $71K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HIGG RANCH 455 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gungoll, Carl E. Exploration LLC |
|---|---|
| Field | Wasson |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 71191 |
| Wellbores | 1 |
| Reported production | 1,521 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $375K |
Where HIGG RANCH 455 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.