GUBBELS
GUBBELS is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Enerquest Operating L.L.C. It has 20 wellbores on file with the Commission. Reported production runs from February 2006 to August 2026, totalling 841,658 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 $3.5M, with roughly $1.1M 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 1,760 barrels a month, about 88 per wellbore. Its strongest month on the record we hold was October 2018, at 6,959 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 GUBBELS
- Who operates GUBBELS?
- GUBBELS is operated by Enerquest Operating L.L.C., Railroad Commission of Texas operator number 252058.
- Where is GUBBELS?
- GUBBELS is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14669.
- Is GUBBELS still producing?
- GUBBELS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUBBELS is August 2026.
- How much has GUBBELS produced?
- GUBBELS has reported 841,658 barrels of oil (bbl) to the Railroad Commission of Texas between February 2006 and August 2026, from 20 wellbores.
- How much is GUBBELS worth?
- The remaining production from GUBBELS is estimated to be worth about $3.5M in total as of 26 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUBBELS is a fraction of it. The estimate fits an Arps decline curve to the production GUBBELS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUBBELS is an estimate of value, not an offer and not an appraisal.
- How much income does GUBBELS generate in a year?
- GUBBELS is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUBBELS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enerquest Operating L.L.C. |
|---|---|
| Field | San Miguel Creek (Wilcox Cons.) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 14669 |
| Wellbores | 20 |
| Reported production | 841,658 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where GUBBELS 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.