GOSPEL TRUMPET CO.
GOSPEL TRUMPET CO. is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Hrubetz Operating Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 49,639 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 $99K, with roughly $19K 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 20 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was March 2017, at 84 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 GOSPEL TRUMPET CO.
- Who operates GOSPEL TRUMPET CO.?
- GOSPEL TRUMPET CO. is operated by Hrubetz Operating Company, Railroad Commission of Texas operator number 407786.
- Where is GOSPEL TRUMPET CO.?
- GOSPEL TRUMPET CO. is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 14709.
- Is GOSPEL TRUMPET CO. still producing?
- GOSPEL TRUMPET CO. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOSPEL TRUMPET CO. is August 2026.
- How much has GOSPEL TRUMPET CO. produced?
- GOSPEL TRUMPET CO. has reported 49,639 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is GOSPEL TRUMPET CO. worth?
- The remaining production from GOSPEL TRUMPET CO. is estimated to be worth about $99K in total as of 27 August 2026, within a range of $54K to $143K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOSPEL TRUMPET CO. is a fraction of it. The estimate fits an Arps decline curve to the production GOSPEL TRUMPET CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOSPEL TRUMPET CO. is an estimate of value, not an offer and not an appraisal.
- How much income does GOSPEL TRUMPET CO. generate in a year?
- GOSPEL TRUMPET CO. is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOSPEL TRUMPET CO. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hrubetz Operating Company |
|---|---|
| Field | Turner-Gregory (Clear Fork) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 14709 |
| Wellbores | 4 |
| Reported production | 49,639 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $99K |
Where GOSPEL TRUMPET CO. 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.