GORDON STATE
GORDON STATE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Limark Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 62,194 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 $664K, with roughly $117K 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 110 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was January 2020, at 200 barrels. 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 GORDON STATE
- Who operates GORDON STATE?
- GORDON STATE is operated by Limark Corporation, Railroad Commission of Texas operator number 500803.
- Where is GORDON STATE?
- GORDON STATE is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 25614.
- Is GORDON STATE still producing?
- GORDON STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GORDON STATE is August 2026.
- How much has GORDON STATE produced?
- GORDON STATE has reported 62,194 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is GORDON STATE worth?
- The remaining production from GORDON STATE is estimated to be worth about $664K in total as of 26 August 2026, within a range of $518K to $810K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GORDON STATE is a fraction of it. The estimate fits an Arps decline curve to the production GORDON STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GORDON STATE is an estimate of value, not an offer and not an appraisal.
- How much income does GORDON STATE generate in a year?
- GORDON STATE is forecast to net about $117K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GORDON STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Limark Corporation |
|---|---|
| Field | Pecos Valley (Devonian 5100) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 25614 |
| Wellbores | 2 |
| Reported production | 62,194 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $664K |
Where GORDON STATE 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.