GORE
GORE is a Texas oil lease in Houston County, Railroad Commission district 03, operated by Interstate Explorations LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 266,022 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 $1.2M, with roughly $558K 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 1,103 barrels a month. Its strongest month on the record we hold was May 2018, at 16,737 barrels. 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 GORE
- Who operates GORE?
- GORE is operated by Interstate Explorations LLC, Railroad Commission of Texas operator number 425206.
- Where is GORE?
- GORE is a Texas oil lease in Houston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27341.
- Is GORE still producing?
- GORE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GORE is August 2026.
- How much has GORE produced?
- GORE has reported 266,022 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is GORE worth?
- The remaining production from GORE is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $965K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GORE is a fraction of it. The estimate fits an Arps decline curve to the production GORE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GORE is an estimate of value, not an offer and not an appraisal.
- How much income does GORE generate in a year?
- GORE is forecast to net about $558K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GORE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Interstate Explorations LLC |
|---|---|
| Field | FT. Trinidad,S.(Ottos Sand) |
| County | Houston County, Texas |
| RRC district | 03 |
| Lease number | 27341 |
| Wellbores | 1 |
| Reported production | 266,022 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where GORE 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.