GERONIMO 15
GERONIMO 15 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Discovery Operating, Inc. It has 8 wellbores on file with the Commission. Reported production runs from June 2001 to August 2026, totalling 372,585 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 $779K 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 1,193 barrels a month, about 149 per wellbore. Its strongest month on the record we hold was July 2025, at 1,472 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 GERONIMO 15
- Who operates GERONIMO 15?
- GERONIMO 15 is operated by Discovery Operating, Inc., Railroad Commission of Texas operator number 220865.
- Where is GERONIMO 15?
- GERONIMO 15 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36655.
- Is GERONIMO 15 still producing?
- GERONIMO 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GERONIMO 15 is August 2026.
- How much has GERONIMO 15 produced?
- GERONIMO 15 has reported 372,585 barrels of oil (bbl) to the Railroad Commission of Texas between June 2001 and August 2026, from 8 wellbores.
- How much is GERONIMO 15 worth?
- The remaining production from GERONIMO 15 is estimated to be worth about $3.5M in total as of 26 August 2026, within a range of $2.9M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GERONIMO 15 is a fraction of it. The estimate fits an Arps decline curve to the production GERONIMO 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GERONIMO 15 is an estimate of value, not an offer and not an appraisal.
- How much income does GERONIMO 15 generate in a year?
- GERONIMO 15 is forecast to net about $779K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GERONIMO 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 36655 |
| Wellbores | 8 |
| Reported production | 372,585 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where GERONIMO 15 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.