GOMILLION UNIT B
GOMILLION UNIT B is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 4 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 501,116 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 $893K, with roughly $245K 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 368 barrels a month, about 92 per wellbore. Its strongest month on the record we hold was September 2018, at 3,617 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 GOMILLION UNIT B
- Who operates GOMILLION UNIT B?
- GOMILLION UNIT B is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is GOMILLION UNIT B?
- GOMILLION UNIT B is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10108.
- Is GOMILLION UNIT B still producing?
- GOMILLION UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOMILLION UNIT B is August 2026.
- How much has GOMILLION UNIT B produced?
- GOMILLION UNIT B has reported 501,116 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 4 wellbores.
- How much is GOMILLION UNIT B worth?
- The remaining production from GOMILLION UNIT B is estimated to be worth about $893K in total as of 26 August 2026, within a range of $696K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOMILLION UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production GOMILLION UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOMILLION UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does GOMILLION UNIT B generate in a year?
- GOMILLION UNIT B is forecast to net about $245K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOMILLION UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 10108 |
| Wellbores | 4 |
| Reported production | 501,116 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $893K |
Where GOMILLION UNIT B 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.