OBELGONER
OBELGONER is a Texas gas lease in Lavaca County, Railroad Commission district 02, operated by Inland Ocean, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 389,692 thousand cubic feet. 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 $23K, with roughly $3K 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 575 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 18,838 thousand cubic feet. 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 OBELGONER
- Who operates OBELGONER?
- OBELGONER is operated by Inland Ocean, Inc., Railroad Commission of Texas operator number 424607.
- Where is OBELGONER?
- OBELGONER is a Texas gas lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 291032.
- Is OBELGONER still producing?
- OBELGONER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OBELGONER is August 2026.
- How much has OBELGONER produced?
- OBELGONER has reported 389,692 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2021 and August 2026, from 1 wellbore.
- How much is OBELGONER worth?
- The remaining production from OBELGONER is estimated to be worth about $23K in total as of 26 August 2026, within a range of $18K to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OBELGONER is a fraction of it. The estimate fits an Arps decline curve to the production OBELGONER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OBELGONER is an estimate of value, not an offer and not an appraisal.
- How much income does OBELGONER generate in a year?
- OBELGONER is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OBELGONER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Inland Ocean, Inc. |
|---|---|
| Field | Halletsville, E. (7450) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 291032 |
| Wellbores | 1 |
| Reported production | 389,692 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where OBELGONER 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.