GLF
GLF is a Texas oil lease in Lynn County, Railroad Commission district 8A, operated by Custer & Wright Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 30,563 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 $487K, with roughly $94K 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 125 barrels a month. Its strongest month on the record we hold was January 2021, at 357 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 GLF
- Who operates GLF?
- GLF is operated by Custer & Wright Operating, Inc., Railroad Commission of Texas operator number 195651.
- Where is GLF?
- GLF is a Texas oil lease in Lynn County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70149.
- Is GLF still producing?
- GLF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLF is August 2026.
- How much has GLF produced?
- GLF has reported 30,563 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is GLF worth?
- The remaining production from GLF is estimated to be worth about $487K in total as of 27 August 2026, within a range of $380K to $594K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLF is a fraction of it. The estimate fits an Arps decline curve to the production GLF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLF is an estimate of value, not an offer and not an appraisal.
- How much income does GLF generate in a year?
- GLF is forecast to net about $94K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Custer & Wright Operating, Inc. |
|---|---|
| Field | Odonnell (Mississippian) |
| County | Lynn County, Texas |
| RRC district | 8A |
| Lease number | 70149 |
| Wellbores | 1 |
| Reported production | 30,563 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $487K |
Where GLF 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.