EDWARDS
EDWARDS is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Gulftex Energy III, LP. It has 2 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 655,306 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 $6K, with roughly $6K 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 256 barrels a month, about 128 per wellbore. Its strongest month on the record we hold was May 2016, at 6,776 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 EDWARDS
- Who operates EDWARDS?
- EDWARDS is operated by Gulftex Energy III, LP, Railroad Commission of Texas operator number 338746.
- Where is EDWARDS?
- EDWARDS is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17940.
- Is EDWARDS still producing?
- EDWARDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDWARDS is August 2026.
- How much has EDWARDS produced?
- EDWARDS has reported 655,306 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 2 wellbores.
- How much is EDWARDS worth?
- The remaining production from EDWARDS is estimated to be worth about $6K in total as of 26 August 2026, within a range of $5K to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDWARDS is a fraction of it. The estimate fits an Arps decline curve to the production EDWARDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDWARDS is an estimate of value, not an offer and not an appraisal.
- How much income does EDWARDS generate in a year?
- EDWARDS is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EDWARDS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gulftex Energy III, LP |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 17940 |
| Wellbores | 2 |
| Reported production | 655,306 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where EDWARDS 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.