INDIO
INDIO 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 February 2020 to August 2026, totalling 162,762 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 $1.4M, with roughly $433K 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 825 barrels a month. Its strongest month on the record we hold was June 2021, at 14,861 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 INDIO
- Who operates INDIO?
- INDIO is operated by Gordy Oil Company, Railroad Commission of Texas operator number 317150.
- Where is INDIO?
- INDIO is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54021.
- Is INDIO still producing?
- INDIO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INDIO is August 2026.
- How much has INDIO produced?
- INDIO has reported 162,762 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is INDIO worth?
- The remaining production from INDIO is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INDIO is a fraction of it. The estimate fits an Arps decline curve to the production INDIO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INDIO is an estimate of value, not an offer and not an appraisal.
- How much income does INDIO generate in a year?
- INDIO is forecast to net about $433K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in INDIO 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 | 54021 |
| Wellbores | 1 |
| Reported production | 162,762 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where INDIO 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.