RR-GOOGINS 249-W POOLED UNIT
RR-GOOGINS 249-W POOLED UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by E R Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from June 2020 to August 2026, totalling 235,640 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 $5.3M, with roughly $1.4M 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 2,156 barrels a month, about 1,078 per wellbore. Its strongest month on the record we hold was June 2020, at 7,455 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 RR-GOOGINS 249-W POOLED UNIT
- Who operates RR-GOOGINS 249-W POOLED UNIT?
- RR-GOOGINS 249-W POOLED UNIT is operated by E R Operating Company, Railroad Commission of Texas operator number 238075.
- Where is RR-GOOGINS 249-W POOLED UNIT?
- RR-GOOGINS 249-W POOLED UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71069.
- Is RR-GOOGINS 249-W POOLED UNIT still producing?
- RR-GOOGINS 249-W POOLED UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RR-GOOGINS 249-W POOLED UNIT is August 2026.
- How much has RR-GOOGINS 249-W POOLED UNIT produced?
- RR-GOOGINS 249-W POOLED UNIT has reported 235,640 barrels of oil (bbl) to the Railroad Commission of Texas between June 2020 and August 2026, from 2 wellbores.
- How much is RR-GOOGINS 249-W POOLED UNIT worth?
- The remaining production from RR-GOOGINS 249-W POOLED UNIT is estimated to be worth about $5.3M in total as of 27 August 2026, within a range of $4.4M to $6.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RR-GOOGINS 249-W POOLED UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RR-GOOGINS 249-W POOLED UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RR-GOOGINS 249-W POOLED UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RR-GOOGINS 249-W POOLED UNIT generate in a year?
- RR-GOOGINS 249-W POOLED UNIT is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RR-GOOGINS 249-W POOLED UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | E R Operating Company |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 71069 |
| Wellbores | 2 |
| Reported production | 235,640 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.3M |
Where RR-GOOGINS 249-W POOLED 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.