CROSS BONES
CROSS BONES is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Gordy Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 317,163 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 $3.3M, with roughly $938K 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 1,360 barrels a month. Its strongest month on the record we hold was April 2020, at 20,291 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 CROSS BONES
- Who operates CROSS BONES?
- CROSS BONES is operated by Gordy Oil Company, Railroad Commission of Texas operator number 317150.
- Where is CROSS BONES?
- CROSS BONES is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52090.
- Is CROSS BONES still producing?
- CROSS BONES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROSS BONES is August 2026.
- How much has CROSS BONES produced?
- CROSS BONES has reported 317,163 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is CROSS BONES worth?
- The remaining production from CROSS BONES is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROSS BONES is a fraction of it. The estimate fits an Arps decline curve to the production CROSS BONES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROSS BONES is an estimate of value, not an offer and not an appraisal.
- How much income does CROSS BONES generate in a year?
- CROSS BONES is forecast to net about $938K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CROSS BONES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gordy Oil Company |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 52090 |
| Wellbores | 1 |
| Reported production | 317,163 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where CROSS BONES 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.