GOODRIDGE
GOODRIDGE is a Texas gas lease in Mcmullen County, Railroad Commission district 01, operated by Common Resources L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 1,368,672 thousand cubic feet. 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 $146K, with roughly $33K 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 1,546 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 9,646 thousand cubic feet. 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 GOODRIDGE
- Who operates GOODRIDGE?
- GOODRIDGE is operated by Common Resources L.L.C., Railroad Commission of Texas operator number 169727.
- Where is GOODRIDGE?
- GOODRIDGE is a Texas gas lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 255146.
- Is GOODRIDGE still producing?
- GOODRIDGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODRIDGE is August 2026.
- How much has GOODRIDGE produced?
- GOODRIDGE has reported 1,368,672 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is GOODRIDGE worth?
- The remaining production from GOODRIDGE is estimated to be worth about $146K in total as of 26 August 2026, within a range of $121K to $171K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODRIDGE is a fraction of it. The estimate fits an Arps decline curve to the production GOODRIDGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODRIDGE is an estimate of value, not an offer and not an appraisal.
- How much income does GOODRIDGE generate in a year?
- GOODRIDGE is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODRIDGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Common Resources L.L.C. |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 255146 |
| Wellbores | 1 |
| Reported production | 1,368,672 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $146K |
Where GOODRIDGE 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.