GOOD
GOOD is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 186,685 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 $211K, with roughly $39K 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 186 thousand cubic feet a month. Its strongest month on the record we hold was February 2021, at 940 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GOOD
- Who operates GOOD?
- GOOD is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is GOOD?
- GOOD is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 242527.
- Is GOOD still producing?
- GOOD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOOD is August 2026.
- How much has GOOD produced?
- GOOD has reported 186,685 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is GOOD worth?
- The remaining production from GOOD is estimated to be worth about $211K in total as of 26 August 2026, within a range of $165K to $258K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOOD is a fraction of it. The estimate fits an Arps decline curve to the production GOOD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOOD is an estimate of value, not an offer and not an appraisal.
- How much income does GOOD generate in a year?
- GOOD is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOOD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Parsell, South (Morrow, Up.Se) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 242527 |
| Wellbores | 1 |
| Reported production | 186,685 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $211K |
Where GOOD 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.