GONZALES
GONZALES is a Texas oil lease in Starr County, Railroad Commission district 04, operated by Newgulf Petroleum, LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2004 to August 2026, totalling 140,691 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 $1.9M, with roughly $400K 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 586 barrels a month, about 195 per wellbore. Its strongest month on the record we hold was March 2018, at 946 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 GONZALES
- Who operates GONZALES?
- GONZALES is operated by Newgulf Petroleum, LLC, Railroad Commission of Texas operator number 606618.
- Where is GONZALES?
- GONZALES is a Texas oil lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 13277.
- Is GONZALES still producing?
- GONZALES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GONZALES is August 2026.
- How much has GONZALES produced?
- GONZALES has reported 140,691 barrels of oil (bbl) to the Railroad Commission of Texas between November 2004 and August 2026, from 3 wellbores.
- How much is GONZALES worth?
- The remaining production from GONZALES is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GONZALES is a fraction of it. The estimate fits an Arps decline curve to the production GONZALES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GONZALES is an estimate of value, not an offer and not an appraisal.
- How much income does GONZALES generate in a year?
- GONZALES is forecast to net about $400K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GONZALES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newgulf Petroleum, LLC |
|---|---|
| Field | Arroyo Grande (Queen City) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 13277 |
| Wellbores | 3 |
| Reported production | 140,691 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where GONZALES 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.