GALBRAITH
GALBRAITH is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Adkins, R. L. Corp. It has 1 wellbore on file with the Commission. Reported production runs from August 2009 to August 2026, totalling 34,463 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 $523K, with roughly $101K 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 134 barrels a month. Its strongest month on the record we hold was April 2018, at 320 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 GALBRAITH
- Who operates GALBRAITH?
- GALBRAITH is operated by Adkins, R. L. Corp., Railroad Commission of Texas operator number 007937.
- Where is GALBRAITH?
- GALBRAITH is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69428.
- Is GALBRAITH still producing?
- GALBRAITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALBRAITH is August 2026.
- How much has GALBRAITH produced?
- GALBRAITH has reported 34,463 barrels of oil (bbl) to the Railroad Commission of Texas between August 2009 and August 2026, from 1 wellbore.
- How much is GALBRAITH worth?
- The remaining production from GALBRAITH is estimated to be worth about $523K in total as of 26 August 2026, within a range of $408K to $638K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALBRAITH is a fraction of it. The estimate fits an Arps decline curve to the production GALBRAITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALBRAITH is an estimate of value, not an offer and not an appraisal.
- How much income does GALBRAITH generate in a year?
- GALBRAITH is forecast to net about $101K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALBRAITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Adkins, R. L. Corp. |
|---|---|
| Field | Broadview, West (Clear Fork) |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 69428 |
| Wellbores | 1 |
| Reported production | 34,463 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $523K |
Where GALBRAITH 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.