GOOCHER 254 A
GOOCHER 254 A is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Black Swan Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 801,519 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 $12.9M, with roughly $3.9M 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 6,225 barrels a month, about 2,075 per wellbore. Its strongest month on the record we hold was September 2022, at 77,715 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GOOCHER 254 A
- Who operates GOOCHER 254 A?
- GOOCHER 254 A is operated by Black Swan Operating, LLC, Railroad Commission of Texas operator number 072762.
- Where is GOOCHER 254 A?
- GOOCHER 254 A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57611.
- Is GOOCHER 254 A still producing?
- GOOCHER 254 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOOCHER 254 A is August 2026.
- How much has GOOCHER 254 A produced?
- GOOCHER 254 A has reported 801,519 barrels of oil (bbl) to the Railroad Commission of Texas between August 2022 and August 2026, from 3 wellbores.
- How much is GOOCHER 254 A worth?
- The remaining production from GOOCHER 254 A is estimated to be worth about $12.9M in total as of 27 August 2026, within a range of $10.7M to $15.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOOCHER 254 A is a fraction of it. The estimate fits an Arps decline curve to the production GOOCHER 254 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOOCHER 254 A is an estimate of value, not an offer and not an appraisal.
- How much income does GOOCHER 254 A generate in a year?
- GOOCHER 254 A is forecast to net about $3.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOOCHER 254 A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Black Swan Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 57611 |
| Wellbores | 3 |
| Reported production | 801,519 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.9M |
Where GOOCHER 254 A 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.