GOLIGHTLY
GOLIGHTLY is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Patton Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 1997 to August 2026, totalling 13,726 barrels. The lease is intermittent. 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 $139K, with roughly $27K 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 20 barrels a month. Its strongest month on the record we hold was March 2020, at 124 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GOLIGHTLY
- Who operates GOLIGHTLY?
- GOLIGHTLY is operated by Patton Exploration, Inc., Railroad Commission of Texas operator number 643730.
- Where is GOLIGHTLY?
- GOLIGHTLY is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29435.
- Is GOLIGHTLY still producing?
- GOLIGHTLY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GOLIGHTLY is August 2026.
- How much has GOLIGHTLY produced?
- GOLIGHTLY has reported 13,726 barrels of oil (bbl) to the Railroad Commission of Texas between November 1997 and August 2026, from 1 wellbore.
- How much is GOLIGHTLY worth?
- The remaining production from GOLIGHTLY is estimated to be worth about $139K in total as of 27 August 2026, within a range of $77K to $202K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLIGHTLY is a fraction of it. The estimate fits an Arps decline curve to the production GOLIGHTLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLIGHTLY is an estimate of value, not an offer and not an appraisal.
- How much income does GOLIGHTLY generate in a year?
- GOLIGHTLY is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOLIGHTLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patton Exploration, Inc. |
|---|---|
| Field | Tolbert |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 29435 |
| Wellbores | 1 |
| Reported production | 13,726 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $139K |
Where GOLIGHTLY 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.