GALL
GALL is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Vess Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 130,053 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 $994K, with roughly $222K 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 300 barrels a month. Its strongest month on the record we hold was April 2017, at 1,197 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 GALL
- Who operates GALL?
- GALL is operated by Vess Oil Corporation, Railroad Commission of Texas operator number 884750.
- Where is GALL?
- GALL is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26161.
- Is GALL still producing?
- GALL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALL is August 2026.
- How much has GALL produced?
- GALL has reported 130,053 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is GALL worth?
- The remaining production from GALL is estimated to be worth about $994K in total as of 26 August 2026, within a range of $775K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALL is a fraction of it. The estimate fits an Arps decline curve to the production GALL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALL is an estimate of value, not an offer and not an appraisal.
- How much income does GALL generate in a year?
- GALL is forecast to net about $222K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vess Oil Corporation |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26161 |
| Wellbores | 1 |
| Reported production | 130,053 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $994K |
Where GALL 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.