GOODSON
GOODSON is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Swift Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 153,105 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 $289K, with roughly $55K 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 80 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was September 2018, at 499 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 GOODSON
- Who operates GOODSON?
- GOODSON is operated by Swift Energy Company, Railroad Commission of Texas operator number 833347.
- Where is GOODSON?
- GOODSON is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18806.
- Is GOODSON still producing?
- GOODSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODSON is August 2026.
- How much has GOODSON produced?
- GOODSON has reported 153,105 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is GOODSON worth?
- The remaining production from GOODSON is estimated to be worth about $289K in total as of 26 August 2026, within a range of $159K to $419K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODSON is a fraction of it. The estimate fits an Arps decline curve to the production GOODSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODSON is an estimate of value, not an offer and not an appraisal.
- How much income does GOODSON generate in a year?
- GOODSON is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Swift Energy Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 18806 |
| Wellbores | 2 |
| Reported production | 153,105 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $289K |
Where GOODSON 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.