NORTH GOAT 2 UNIT
NORTH GOAT 2 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Resolute Natural Res. Co., LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 4,731,405 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 $10.1M, with roughly $2.9M 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 29,312 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 293,770 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NORTH GOAT 2 UNIT
- Who operates NORTH GOAT 2 UNIT?
- NORTH GOAT 2 UNIT is operated by Resolute Natural Res. Co., LLC, Railroad Commission of Texas operator number 703352.
- Where is NORTH GOAT 2 UNIT?
- NORTH GOAT 2 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289437.
- Is NORTH GOAT 2 UNIT still producing?
- NORTH GOAT 2 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH GOAT 2 UNIT is August 2026.
- How much has NORTH GOAT 2 UNIT produced?
- NORTH GOAT 2 UNIT has reported 4,731,405 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2020 and August 2026, from 1 wellbore.
- How much is NORTH GOAT 2 UNIT worth?
- The remaining production from NORTH GOAT 2 UNIT is estimated to be worth about $10.1M in total as of 27 August 2026, within a range of $8.3M to $11.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH GOAT 2 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH GOAT 2 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH GOAT 2 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH GOAT 2 UNIT generate in a year?
- NORTH GOAT 2 UNIT is forecast to net about $2.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH GOAT 2 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Resolute Natural Res. Co., LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 289437 |
| Wellbores | 1 |
| Reported production | 4,731,405 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.1M |
Where NORTH GOAT 2 UNIT 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.