EAST GILCHRIST A-153 UNIT
EAST GILCHRIST A-153 UNIT is a Texas oil lease in Jasper County, Railroad Commission district 06, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2002 to August 2026, totalling 19,783 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 $135K, with roughly $26K 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 28 barrels a month. Its strongest month on the record we hold was July 2021, at 400 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 EAST GILCHRIST A-153 UNIT
- Who operates EAST GILCHRIST A-153 UNIT?
- EAST GILCHRIST A-153 UNIT is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is EAST GILCHRIST A-153 UNIT?
- EAST GILCHRIST A-153 UNIT is a Texas oil lease in Jasper County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14159.
- Is EAST GILCHRIST A-153 UNIT still producing?
- EAST GILCHRIST A-153 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST GILCHRIST A-153 UNIT is August 2026.
- How much has EAST GILCHRIST A-153 UNIT produced?
- EAST GILCHRIST A-153 UNIT has reported 19,783 barrels of oil (bbl) to the Railroad Commission of Texas between March 2002 and August 2026, from 1 wellbore.
- How much is EAST GILCHRIST A-153 UNIT worth?
- The remaining production from EAST GILCHRIST A-153 UNIT is estimated to be worth about $135K in total as of 27 August 2026, within a range of $74K to $195K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST GILCHRIST A-153 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EAST GILCHRIST A-153 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST GILCHRIST A-153 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EAST GILCHRIST A-153 UNIT generate in a year?
- EAST GILCHRIST A-153 UNIT is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EAST GILCHRIST A-153 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Brookeland (Austin Chalk, 8800) |
| County | Jasper County, Texas |
| RRC district | 06 |
| Lease number | 14159 |
| Wellbores | 1 |
| Reported production | 19,783 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $135K |
Where EAST GILCHRIST A-153 UNIT 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.