GOODBAR 89

Operated by GREAT AMERICAN RESOURCES INC. (P-5 328354) in the MCELROY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47670District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$26.6 M
Oct 2015 – May 2026
Value, last 12 filed months
$979 k
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition473,867 bbl$25,861,437
Casinghead gasProduction248,245 Mcf$758,328
Total$26,619,765

Every month this lease reported (128)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

128 months

May 2026516549106.413.05$56,580
Apr 20261,21631198.932.87$121,191
Mar 20261,00160989.753.15$91,758
Feb 20261,03912363.503.75$66,438
Jan 20261,19612459.138.00$71,711
Dec 202564478056.664.41$39,931
Nov 20251,31978558.593.93$80,362
Oct 20251,18234459.383.30$71,324
Sep 202587917262.743.08$55,678
Aug 20252,89284463.933.01$187,430
Jul 202582266466.743.32$57,062
Jun 20251,1978466.483.13$79,839
May 20251,3528460.553.23$82,135
Apr 20251,2148462.363.54$76,003
Mar 20251,0398467.704.27$70,699
Feb 20258488470.884.34$60,471
Jan 20251,7788474.324.28$132,500
Dec 20241,0178468.993.12$70,425
Nov 20241,0088469.052.20$69,787
Oct 20241,1708471.372.28$83,695
Sep 20241,6758469.612.36$116,795
Aug 20241,3628475.632.06$103,181
Jul 20241,5458479.932.15$123,672
Jun 20241,6478478.082.63$128,819
May 20241,6648478.812.20$131,325
Apr 20241,9888484.451.66$168,026
Mar 20241,8798480.301.55$151,013
Feb 20241,1478476.091.78$87,425
Jan 20241,1718473.023.30$85,783
Dec 20231,7988471.262.61$128,345
Nov 20231,7958477.892.81$140,048
Oct 20231,4268485.443.09$122,097
Sep 20238688489.042.74$77,516
Aug 20231,9918480.522.67$160,540
Jul 20231,6458474.852.64$123,350
Jun 20232,0808468.962.26$143,627
May 20231,2948470.622.23$91,569
Apr 20232,7443,08078.122.24$221,254
Mar 20231,9633,25872.852.39$150,801
Feb 20231,4402,98575.112.47$115,518
Jan 20232,2702,69276.533.39$182,843
Dec 20221,5902,32576.415.73$134,812
Nov 20221,4281,15785.005.65$127,913
Oct 20221,9171,22187.185.86$174,284
Sep 20221,4101,16184.888.16$129,159
Aug 20221,8741,28594.529.13$188,859
Jul 20222,2971,655101.587.54$245,811
Jun 20222,6001,489115.097.98$311,112
May 20221,7251,614109.378.43$202,274
Apr 20221,7871,258104.226.84$194,843
Mar 20221,7451,331108.885.08$196,752
Feb 20221,4101,05291.054.86$133,492
Jan 20221,9031,94181.844.54$164,549
Dec 20212,69743871.323.90$194,058
Nov 20211,70643677.435.24$134,379
Oct 20211,46645179.795.71$119,549
Sep 20211,69325069.865.35$119,611
Aug 20212,44726866.024.22$162,682
Jul 20212,55914370.783.98$181,695
Jun 20212,15626969.493.38$150,730
May 20212,2628563.483.02$143,848
Apr 20212,11926960.362.76$128,645
Mar 20212,37618961.302.72$146,162
Feb 20212,1536357.805.55$124,793
Jan 20212,7295050.412.81$137,709
Dec 20202,2913144.642.68$102,353
Nov 20202,7293638.772.71$105,901
Oct 20202,36610136.972.48$87,721
Sep 20201,87714137.091.99$69,899
Aug 20202,54113139.982.39$101,902
Jul 20203,32347438.371.83$128,369
Jun 20203,0641,11034.901.69$108,810
May 202053389916.921.81$10,650
Apr 20203,4271,51514.751.80$53,282
Mar 20202,4961,85030.341.86$79,163
Feb 20203,1721,53249.881.98$161,254
Jan 20203,0643,76857.252.09$183,307
Dec 20193,4263,01559.012.30$209,116
Nov 20194,3232,57055.302.75$246,131
Oct 20193,9452,59953.472.42$217,225
Sep 20194,6013,35255.052.66$262,192
Aug 20194,2753,22253.112.30$234,470
Jul 20194,1061,77456.272.46$235,409
Jun 20194,5592,68452.782.49$247,310
May 20195,5933,62858.482.74$337,021
Apr 20194,7923,31862.632.75$309,250
Mar 20196,2533,52056.803.06$365,949
Feb 20195,2313,44950.852.79$275,627
Jan 20196,7052,81646.033.23$317,722
Dec 20185,9322,42146.594.19$286,505
Nov 20185,1342,13452.934.24$280,785
Oct 20186,5072,36861.443.40$407,837
Sep 20187,2153,46859.543.11$440,360
Aug 20187,9503,74759.403.07$483,720
Jul 201812,8306,53165.142.93$854,894
Jun 201810,3265,18460.183.08$637,369
May 20189,4426,25065.382.90$635,448
Apr 201810,6725,31863.842.90$696,727
Mar 201814,3824,95661.222.79$894,278
Feb 201814,8083,55261.782.77$924,664
Jan 20183,82271462.874.01$243,152
Dec 20171,0522,00157.272.92$66,094
Nov 20172,6343,29155.423.12$156,239
Oct 20173,9454,84349.292.98$208,899
Sep 20173,86675747.523.09$186,049
Aug 20174,5982,36145.373.00$215,705
Jul 20173,2984,03143.873.09$157,128
Jun 20173,3094,03142.493.09$153,044
May 20173,6244,13245.373.26$177,905
Apr 20174,1624,61447.933.21$214,303
Mar 20173,9864,77946.772.98$200,684
Feb 20174,5274,16650.452.95$240,688
Jan 20174,2791,89149.413.42$217,890
Dec 20165,1645,40248.763.72$271,907
Nov 20163,8964,00342.492.64$176,126
Oct 20166,1755,84046.193.09$303,270
Sep 20164,6504,14641.553.10$206,063
Aug 20166,7675,44141.442.92$296,336
Jul 20168,0646,38841.622.92$354,304
Jun 20164,8302,92045.352.69$226,883
May 20167,1095,59042.521.99$313,405
Apr 20168,1665,40636.561.99$309,313
Mar 20169,3515,50933.011.79$318,560
Feb 201610,8295,89926.472.06$298,817
Jan 201613,2917,61227.352.36$381,506
Dec 201514,8376,34232.362.00$492,818
Nov 201519,5152,54538.792.17$762,503
Oct 20153,46122343.552.43$151,268

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  516 bbl  × $106.41 =    $54,908
Casinghead gas       549 Mcf  × $  3.05 =     $1,672

────────────────────────────────────────────────────
Month total                                  $56,580

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/47670 is the state's own key, not one this site invented.