GILLETTE, M.
GILLETTE, M. is a Texas oil lease in Harris County, Railroad Commission district 03, operated by Coastal Oil & Gas Corporation. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 79,858 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 $625K, with roughly $120K 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 167 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was December 2017, at 244 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 GILLETTE, M.
- Who operates GILLETTE, M.?
- GILLETTE, M. is operated by Coastal Oil & Gas Corporation, Railroad Commission of Texas operator number 161639.
- Where is GILLETTE, M.?
- GILLETTE, M. is a Texas oil lease in Harris County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 01755.
- Is GILLETTE, M. still producing?
- GILLETTE, M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILLETTE, M. is August 2026.
- How much has GILLETTE, M. produced?
- GILLETTE, M. has reported 79,858 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is GILLETTE, M. worth?
- The remaining production from GILLETTE, M. is estimated to be worth about $625K in total as of 26 August 2026, within a range of $488K to $763K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILLETTE, M. is a fraction of it. The estimate fits an Arps decline curve to the production GILLETTE, M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILLETTE, M. is an estimate of value, not an offer and not an appraisal.
- How much income does GILLETTE, M. generate in a year?
- GILLETTE, M. is forecast to net about $120K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GILLETTE, M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Coastal Oil & Gas Corporation |
|---|---|
| Field | Goose Creek |
| County | Harris County, Texas |
| RRC district | 03 |
| Lease number | 01755 |
| Wellbores | 4 |
| Reported production | 79,858 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $625K |
Where GILLETTE, M. 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.