GORDON HEIRS
GORDON HEIRS is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Dewbre Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2007 to August 2026, totalling 176,643 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 $996K, with roughly $231K 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 331 barrels a month. Its strongest month on the record we hold was May 2016, at 913 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 GORDON HEIRS
- Who operates GORDON HEIRS?
- GORDON HEIRS is operated by Dewbre Petroleum Corporation, Railroad Commission of Texas operator number 216748.
- Where is GORDON HEIRS?
- GORDON HEIRS is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09119.
- Is GORDON HEIRS still producing?
- GORDON HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GORDON HEIRS is August 2026.
- How much has GORDON HEIRS produced?
- GORDON HEIRS has reported 176,643 barrels of oil (bbl) to the Railroad Commission of Texas between January 2007 and August 2026, from 1 wellbore.
- How much is GORDON HEIRS worth?
- The remaining production from GORDON HEIRS is estimated to be worth about $996K in total as of 27 August 2026, within a range of $777K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GORDON HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production GORDON HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GORDON HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does GORDON HEIRS generate in a year?
- GORDON HEIRS is forecast to net about $231K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GORDON HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dewbre Petroleum Corporation |
|---|---|
| Field | Borchers, North (8050) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 09119 |
| Wellbores | 1 |
| Reported production | 176,643 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $996K |
Where GORDON HEIRS 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.