GULF-POTTER
GULF-POTTER is a Texas oil lease in Marion County, Railroad Commission district 06, operated by Hart & Mcfarland. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,516 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 $293K, with roughly $56K 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 74 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was October 2024, at 139 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 GULF-POTTER
- Who operates GULF-POTTER?
- GULF-POTTER is operated by Hart & Mcfarland, Railroad Commission of Texas operator number 362860.
- Where is GULF-POTTER?
- GULF-POTTER is a Texas oil lease in Marion County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 01316.
- Is GULF-POTTER still producing?
- GULF-POTTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GULF-POTTER is August 2026.
- How much has GULF-POTTER produced?
- GULF-POTTER has reported 39,516 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is GULF-POTTER worth?
- The remaining production from GULF-POTTER is estimated to be worth about $293K in total as of 26 August 2026, within a range of $161K to $425K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GULF-POTTER is a fraction of it. The estimate fits an Arps decline curve to the production GULF-POTTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GULF-POTTER is an estimate of value, not an offer and not an appraisal.
- How much income does GULF-POTTER generate in a year?
- GULF-POTTER is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GULF-POTTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hart & Mcfarland |
|---|---|
| Field | Potter |
| County | Marion County, Texas |
| RRC district | 06 |
| Lease number | 01316 |
| Wellbores | 6 |
| Reported production | 39,516 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $293K |
Where GULF-POTTER 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.