GOBLE, LUCILLE
GOBLE, LUCILLE is a Texas gas lease in Grayson County, Railroad Commission district 09, operated by Bheb Oil And Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 955,245 thousand cubic feet. 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 $177K, with roughly $38K 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 1,760 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 3,717 thousand cubic feet. 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 GOBLE, LUCILLE
- Who operates GOBLE, LUCILLE?
- GOBLE, LUCILLE is operated by Bheb Oil And Gas Co., Railroad Commission of Texas operator number 068585.
- Where is GOBLE, LUCILLE?
- GOBLE, LUCILLE is a Texas gas lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 021616.
- Is GOBLE, LUCILLE still producing?
- GOBLE, LUCILLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOBLE, LUCILLE is August 2026.
- How much has GOBLE, LUCILLE produced?
- GOBLE, LUCILLE has reported 955,245 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GOBLE, LUCILLE worth?
- The remaining production from GOBLE, LUCILLE is estimated to be worth about $177K in total as of 26 August 2026, within a range of $147K to $207K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOBLE, LUCILLE is a fraction of it. The estimate fits an Arps decline curve to the production GOBLE, LUCILLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOBLE, LUCILLE is an estimate of value, not an offer and not an appraisal.
- How much income does GOBLE, LUCILLE generate in a year?
- GOBLE, LUCILLE is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOBLE, LUCILLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bheb Oil And Gas Co. |
|---|---|
| Field | Sherman (Davis) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 021616 |
| Wellbores | 1 |
| Reported production | 955,245 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $177K |
Where GOBLE, LUCILLE 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.