SALITOS
SALITOS 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 December 2019 to August 2026, totalling 296,601 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 $1.2M, with roughly $644K 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 1,401 barrels a month. Its strongest month on the record we hold was September 2020, at 20,560 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 SALITOS
- Who operates SALITOS?
- SALITOS is operated by Gordy Oil Company, Railroad Commission of Texas operator number 317150.
- Where is SALITOS?
- SALITOS is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54216.
- Is SALITOS still producing?
- SALITOS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALITOS is August 2026.
- How much has SALITOS produced?
- SALITOS has reported 296,601 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 1 wellbore.
- How much is SALITOS worth?
- The remaining production from SALITOS is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $964K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALITOS is a fraction of it. The estimate fits an Arps decline curve to the production SALITOS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SALITOS is an estimate of value, not an offer and not an appraisal.
- How much income does SALITOS generate in a year?
- SALITOS is forecast to net about $644K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SALITOS 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 | 54216 |
| Wellbores | 1 |
| Reported production | 296,601 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where SALITOS 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.