GERDES
GERDES is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Escondido Petroleum Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 1,339 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 $31K, 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 11 barrels a month. Its strongest month on the record we hold was May 2019, at 53 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 GERDES
- Who operates GERDES?
- GERDES is operated by Escondido Petroleum Company, Inc, Railroad Commission of Texas operator number 254244.
- Where is GERDES?
- GERDES is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11728.
- Is GERDES still producing?
- GERDES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GERDES is August 2026.
- How much has GERDES produced?
- GERDES has reported 1,339 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is GERDES worth?
- The remaining production from GERDES is estimated to be worth about $31K in total as of 26 August 2026, within a range of $17K to $45K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GERDES is a fraction of it. The estimate fits an Arps decline curve to the production GERDES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GERDES is an estimate of value, not an offer and not an appraisal.
- How much income does GERDES generate in a year?
- GERDES 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 GERDES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Escondido Petroleum Company, Inc |
|---|---|
| Field | Jansky (10600) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 11728 |
| Wellbores | 1 |
| Reported production | 1,339 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where GERDES 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.