Oil and gas leases in Upshur County — page 4

Upshur County, Texas has 1,015 oil and gas leases with production on file at the Railroad Commission. 97 of them are oil leases and 918 are gas leases. Between them they carry 1,156 wellbores. Reported volumes run from January 1993 to August 2026 and come to 4.4 million barrels of oil and 1.3 billion Mcf of gas. 122 operators file returns here. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Upshur County

How many oil and gas leases are in Upshur County?
Upshur County has 1,015 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Upshur County produced?
Leases in Upshur County have reported 4,392,793 barrels of oil (bbl) and 1,291,262,884 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How many operators are active in Upshur County?
122 operators file production returns for leases in Upshur County.
How much are mineral rights in Upshur County worth?
There is no single figure: what a mineral or royalty interest in Upshur County is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 1,015 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Leases — page 4 of 6

  • BINION, ARTHUR — gas, Levinson Partners Corporation, Upshur County, 656 thousand reported
  • STILL, W.W. GU #1 — gas, Verado Energy, Inc., Upshur County, 655 thousand reported
  • WILLEFORD GAS UNIT — gas, Peak Energy Corporation, Upshur County, 651 thousand reported
  • LESTER, J.W. GU — gas, Txok Texas Energy Resources,L.P., Upshur County, 649 thousand reported
  • RUBEY ESTATE GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 648 thousand reported
  • WERTZ — gas, C. W. Resources, Inc., Upshur County, 647 thousand reported
  • MELL, M. G. GAS UNIT — gas, Verado Energy, Inc., Upshur County, 647 thousand reported
  • INMAN -A- — gas, Medicine Bow Operating Company, Upshur County, 645 thousand reported
  • JONES, JACK EST. G.U. — gas, Apache Corporation, Upshur County, 640 thousand reported
  • WILLIS, F.M. GAS UNIT — gas, C. W. Resources, Inc., Upshur County, 637 thousand reported
  • JACKSON, JAMES GAS UNIT — gas, Apache Corporation, Upshur County, 635 thousand reported
  • PHILLIPS "E" GU — gas, Wagner & Brown, Ltd., Upshur County, 634 thousand reported
  • SMITH, T.W. GAS UNIT NO. 1 — gas, 3tec Energy Corporation, Upshur County, 625 thousand reported
  • FENTON, J.D. "A" GU — gas, Txok Texas Energy Resources,L.P., Upshur County, 624 thousand reported
  • DIXON, WILLIAM L. GAS UNIT "A" — gas, Amoco Production Company, Upshur County, 620 thousand reported
  • RUTLEDGE, O.L. GAS UNIT #1 — gas, PXP Texas Inc., Upshur County, 620 thousand reported
  • BOWERS, ERNEST GAS UNIT — gas, Verado Energy, Inc., Upshur County, 617 thousand reported
  • SPENCER GAS UNIT #1 — gas, Mcbee Operating Company, L.L.C., Upshur County, 617 thousand reported
  • REYNOLDS, J. E. UNIT — gas, Cordillera Texas, L.P., Upshur County, 617 thousand reported
  • RUBEY ESTATE GAS UNIT — gas, Oneok Texas Energy Resources, LP, Upshur County, 616 thousand reported
  • MCBETH — gas, El Paso E & P Company, L. P., Upshur County, 616 thousand reported
  • SMITH, T.W. GAS UNIT NO. 1 — gas, PXP Gulf Coast Inc., Upshur County, 615 thousand reported
  • RUTLEDGE, O. L. GAS UNIT #1 — gas, Verado Energy, Inc., Upshur County, 614 thousand reported
  • POOL, SIDNEY GAS UNIT 1 — gas, 3tec Energy Corporation, Upshur County, 611 thousand reported
  • BARBER GAS UNIT #1 — gas, Mcbee Operating Company, L.L.C., Upshur County, 611 thousand reported
  • TAYLOR, J. N. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 609 thousand reported
  • ORR, J. B. — gas, Valence Operating Company, Upshur County, 606 thousand reported
  • SNOW, DELBERT — gas, Vintage Petroleum, Inc., Upshur County, 604 thousand reported
  • GLADEWATER G.U. 15 — gas, Oneok Texas Energy Resources, LP, Upshur County, 604 thousand reported
  • GLADEWATER GU 16 — gas, Txok Texas Energy Resources,L.P., Upshur County, 604 thousand reported
  • MASON, TOMMIE J. GAS UNIT — gas, Amoco Production Company, Upshur County, 602 thousand reported
  • HUNTER, J.L. — gas, El Paso E & P Company, L. P., Upshur County, 598 thousand reported
  • CEDAR SPRINGS GAS UNIT 3 — gas, Matador Operating Company, Upshur County, 596 thousand reported
  • PHILLIPS "E" GU — gas, Oneok Texas Energy Resources, LP, Upshur County, 596 thousand reported
  • PETTY, ROBERT H. — gas, C. W. Resources, Inc., Upshur County, 591 thousand reported
  • BIVINS, J. M. G.U. 1 — gas, Verado Energy, Inc., Upshur County, 589 thousand reported
  • GLADEWATER G.U. 14 — gas, C. W. Resources, Inc., Upshur County, 589 thousand reported
  • MASON, TOMMIE J. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 587 thousand reported
  • BARKSDALE, JOHN GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 584 thousand reported
  • WALKER, ISABELLA LEASE — gas, BP America Production Company, Upshur County, 583 thousand reported
  • TERRELL, GEORGE — gas, Burk Royalty Co., Ltd., Upshur County, 583 thousand reported
  • EDWARDS, J.K. — gas, Txok Texas Energy Resources,L.P., Upshur County, 583 thousand reported
  • BROWN HEIRS — gas, Valence Operating Company, Upshur County, 581 thousand reported
  • BRAWLEY, G H — gas, Sigmon Production Company, Inc., Upshur County, 580 thousand reported
  • WADE, CULLIS ESTATE GAS UNIT — gas, Verado Energy, Inc., Upshur County, 578 thousand reported
  • FREE, J.W. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 575 thousand reported
  • ROBERTS, C. H. GAS UNIT — gas, Amoco Production Company, Upshur County, 574 thousand reported
  • JOHNSON, HUBRE — gas, Matador Production Company, Upshur County, 572 thousand reported
  • FENTON "A" — gas, Oxy USA Inc., Upshur County, 571 thousand reported
  • MILLER, J. T. — gas, Txok Texas Energy Resources,L.P., Upshur County, 568 thousand reported
  • COYLE, N. L. — gas, Cordillera Texas, L.P., Upshur County, 567 thousand reported
  • MCCLELLAND, DR. G.A. ETAL GU — gas, Amoco Production Company, Upshur County, 566 thousand reported
  • MARTIN -L- — gas, Medicine Bow Operating Company, Upshur County, 565 thousand reported
  • PETTY, ROBERT H. — gas, Txok Texas Energy Resources,L.P., Upshur County, 564 thousand reported
  • RUBEY ESTATE GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 564 thousand reported
  • MCKNIGHT GAS UNIT — gas, Verado Energy, Inc., Upshur County, 560 thousand reported
  • BARKSDALE, JOHN GAS UNIT — gas, Oneok Texas Energy Resources, LP, Upshur County, 559 thousand reported
  • BARBER, J. W. — gas, Cross Creek Energy LLC, Upshur County, 559 thousand reported
  • WILLEFORD, FAYE GAS UNIT — gas, C. W. Resources, Inc., Upshur County, 558 thousand reported
  • O'BYRNE HEIRS GAS UNIT "A" — gas, Amoco Production Company, Upshur County, 556 thousand reported
  • JOHNSON — gas, Valence Operating Company, Upshur County, 555 thousand reported
  • COYLE, N. L. — gas, Vintage Petroleum, LLC, Upshur County, 552 thousand reported
  • PETTY, ROBERT H. — gas, Oneok Texas Energy Resources, LP, Upshur County, 551 thousand reported
  • GLADEWATER GU 19 — gas, Oneok Texas Energy Resources, LP, Upshur County, 548 thousand reported
  • LAUGHLIN — gas, Goldston Oil Corporation, Upshur County, 547 thousand reported
  • GLADEWATER GU 6 — gas, Oneok Texas Energy Resources, LP, Upshur County, 546 thousand reported
  • DAVIS, CARLOS GAS UNIT — gas, Verado Energy, Inc., Upshur County, 546 thousand reported
  • LESTER, J.W. GU — gas, Wagner & Brown, Ltd., Upshur County, 545 thousand reported
  • INDIAN ROCK GAS UNIT 6 — gas, Sulphur River Exploration, Inc., Upshur County, 545 thousand reported
  • VICTORY, S.P. GU — gas, Txok Texas Energy Resources,L.P., Upshur County, 541 thousand reported
  • GLADEWATER G.U. 14 — gas, Oneok Texas Energy Resources, LP, Upshur County, 540 thousand reported
  • ABBOTT — gas, Apache Corporation, Upshur County, 539 thousand reported
  • RUBEY ESTATE GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 537 thousand reported
  • SMITH, T.W. GAS UNIT NO. 1 — gas, PXP Gulf Coast Inc., Upshur County, 536 thousand reported
  • GLADEWATER GU 6 — gas, Txok Texas Energy Resources,L.P., Upshur County, 534 thousand reported
  • COLLIE, D. A. GAS UNIT — gas, Cordillera Texas, L.P., Upshur County, 533 thousand reported
  • SPENCER GAS UNIT #1 — gas, Mcbee Operating Company, L.L.C., Upshur County, 529 thousand reported
  • SOUTH BRAWLEY GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 528 thousand reported
  • MCCASLIN-HALL — gas, Maximus Operating, Ltd., Upshur County, 522 thousand reported
  • BARKSDALE, JOHN GAS UNIT — gas, C. W. Resources, Inc., Upshur County, 520 thousand reported
  • BARKSDALE, JOHN GAS UNIT — gas, Oneok Texas Energy Resources, LP, Upshur County, 519 thousand reported
  • SOWELL, J. L. — gas, Verado Energy, Inc., Upshur County, 518 thousand reported
  • SOUTH GILMER — gas, Medicine Bow Operating Company, Upshur County, 518 thousand reported
  • SNOW, D. E. GAS UNIT 1 — gas, Cordillera Texas, L.P., Upshur County, 516 thousand reported
  • GLADEWATER GU 9 — gas, Oneok Texas Energy Resources, LP, Upshur County, 515 thousand reported
  • JONES, JACK EST. G.U. — gas, Apache Corporation, Upshur County, 514 thousand reported
  • GLADEWATER GU 9 — gas, Oneok Texas Energy Resources, LP, Upshur County, 514 thousand reported
  • WHITE, D. J. — gas, Levinson Partners Corporation, Upshur County, 511 thousand reported
  • BRAWLEY — gas, Txok Texas Energy Resources,L.P., Upshur County, 509 thousand reported
  • LARSSON, C.F. GAS UNIT NO. 1 — gas, Verado Energy, Inc., Upshur County, 508 thousand reported
  • PETTY, N.M. ET AL — gas, Cox, Robert G. & Associates,Inc., Upshur County, 505 thousand reported
  • ROSS, VERA GAS UNIT — gas, Verado Energy, Inc., Upshur County, 502 thousand reported
  • FLEWELLEN, J. J. ESTATE — gas, Dallas Production, Inc., Upshur County, 501 thousand reported
  • STILL, W.W. GU #1 — gas, Verado Energy, Inc., Upshur County, 501 thousand reported
  • BARKSDALE, JOHN GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 499 thousand reported
  • INDIAN ROCK GAS UNIT NO. 6 — gas, Sulphur River Exploration, Inc., Upshur County, 496 thousand reported
  • FENTON, J.D. "A" GU — gas, Oneok Texas Energy Resources, LP, Upshur County, 496 thousand reported
  • MARSH, T.D. G.U. — gas, C. W. Resources, Inc., Upshur County, 494 thousand reported
  • WEBB — gas, Chinn Exploration Company, Upshur County, 494 thousand reported
  • BOWERS, ERNEST GAS UNIT — gas, Verado Energy, Inc., Upshur County, 491 thousand reported
  • LACY HEIRS GU 1 — gas, Geo-Vest Of Texas, Inc., Upshur County, 486 thousand reported
  • INMAN -A- — gas, Medicine Bow Energy Corporation, Upshur County, 485 thousand reported
  • MASON, TOMMIE J. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 485 thousand reported
  • FENTON, J.D. GU — gas, Txok Texas Energy Resources,L.P., Upshur County, 485 thousand reported
  • WILLIAMS -T- — gas, Medicine Bow Operating Company, Upshur County, 482 thousand reported
  • SWEETMAN, J.A. GAS UNIT — gas, Cordillera Texas, L.P., Upshur County, 478 thousand reported
  • PHILLIPS "E" GU — gas, Txok Texas Energy Resources,L.P., Upshur County, 478 thousand reported
  • HARKRIDER GAS UNIT — gas, Southwestern Energy Prod. Co., Upshur County, 477 thousand reported
  • SPENCER GAS UNIT #1 — gas, Mcbee Operating Company, L.L.C., Upshur County, 475 thousand reported
  • REYNOLDS, J. E. UNIT — gas, Vintage Petroleum, Inc., Upshur County, 474 thousand reported
  • SMITH, W.F. GAS UNIT — gas, Apache Corporation, Upshur County, 473 thousand reported
  • GUNN, J. R. GAS UNIT NO. 1 — gas, Verado Energy, Inc., Upshur County, 471 thousand reported
  • GLADEWATER GU 16 — gas, Exco Operating Company, LP, Upshur County, 471 thousand reported
  • BRAWLEY — gas, Txok Texas Energy Resources,L.P., Upshur County, 465 thousand reported
  • SMITH GAS UNIT — gas, Verado Energy, Inc., Upshur County, 465 thousand reported
  • HINSON, R.A. GAS UNIT — gas, Verado Energy, Inc., Upshur County, 465 thousand reported
  • CRAIG, J.V. GAS UNIT 1 — gas, Peak Energy Corporation, Upshur County, 459 thousand reported
  • DACUS, O. M. ESTATE — gas, Verado Energy, Inc., Upshur County, 458 thousand reported
  • VICTORY, S.P. GU — gas, C. W. Resources, Inc., Upshur County, 458 thousand reported
  • COLLINS, T. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 456 thousand reported
  • NICHOLSON, JOHN W. GAS UNIT — gas, BP America Production Company, Upshur County, 455 thousand reported
  • LESTER, J.W. GU — gas, Txok Texas Energy Resources,L.P., Upshur County, 455 thousand reported
  • RUBEY ESTATE GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 452 thousand reported
  • MASON, TOMMIE J. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 449 thousand reported
  • MCKNIGHT, WILL GAS UNIT #1 — gas, 3tec Energy Corporation, Upshur County, 448 thousand reported
  • GRAHAM, BILLIE G.U. — gas, C. W. Resources, Inc., Upshur County, 448 thousand reported
  • GLADEWATER GU 16 — gas, Wagner & Brown, Ltd., Upshur County, 448 thousand reported
  • CRAIG, J.V. GAS UNIT 1 — gas, Peak Energy Corporation, Upshur County, 446 thousand reported
  • INDIAN ROCK GAS UNIT NO 12 — gas, Sulphur River Exploration, Inc., Upshur County, 445 thousand reported
  • BARNES, D. N. — gas, C. W. Resources, Inc., Upshur County, 443 thousand reported
  • CHOUT — gas, El Paso E & P Company, L. P., Upshur County, 442 thousand reported
  • GLADEWATER GAS UNIT 7 — gas, C. W. Resources, Inc., Upshur County, 442 thousand reported
  • RUTLEDGE, O. L. GAS UNIT #1 — gas, 3tec Energy Corporation, Upshur County, 440 thousand reported
  • BUFFCO BRAWLEY GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 439 thousand reported
  • LESTER ET AL — gas, Powco Oil & Gas Co., Upshur County, 437 thousand reported
  • RUTLEDGE, O.L. GAS UNIT #1 — gas, PXP Texas Inc., Upshur County, 436 thousand reported
  • NICHOLSON, JOHN W. GAS UNIT — gas, Amoco Production Company, Upshur County, 434 thousand reported
  • MASON, TOMMIE J. GAS UNIT — gas, Exco Partners Operating Ptshp LP, Upshur County, 432 thousand reported
  • PHILLIPS "E" GU — gas, Oneok Texas Energy Resources, LP, Upshur County, 427 thousand reported
  • INMAN -A- — gas, Medicine Bow Operating Company, Upshur County, 427 thousand reported
  • GLADEWATER G.U. 14 — gas, Oneok Texas Energy Resources, LP, Upshur County, 425 thousand reported
  • LANCASTER, MAURINE — gas, Long Trusts, The, Upshur County, 424 thousand reported
  • LANDERS UNIT — gas, Vintage Petroleum, Inc., Upshur County, 424 thousand reported
  • HINSON, R. A. UNIT — gas, Verado Energy, Inc., Upshur County, 415 thousand reported
  • COLLINS, T. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 415 thousand reported
  • GLADEWATER GU 19 — gas, Txok Texas Energy Resources,L.P., Upshur County, 410 thousand reported
  • BARBER, J. W. — gas, Mcbrayer Oil Corporation, Upshur County, 409 thousand reported
  • BARKSDALE, JOHN GAS UNIT — gas, Exco Operating Company, LP, Upshur County, 408 thousand reported
  • GAGE, ROY — gas, Neumin Production Company, Upshur County, 405 thousand reported
  • SOUTH BRAWLEY GAS UNIT — gas, Powco Oil & Gas Co., Upshur County, 405 thousand reported
  • ROSS, VERA GAS UNIT #1 — gas, Verado Energy, Inc., Upshur County, 401 thousand reported
  • BRAWLEY — gas, Txok Texas Energy Resources,L.P., Upshur County, 400 thousand reported
  • MASON, TOMMIE J. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 397 thousand reported
  • FENTON, J.D. GU — gas, Txok Texas Energy Resources,L.P., Upshur County, 393 thousand reported
  • MACHEN GAS UNIT — gas, Tracer Energy, Inc., Upshur County, 392 thousand reported
  • SOUTH BRAWLEY GAS UNIT — gas, Exco Operating Company, LP, Upshur County, 390 thousand reported
  • BIVINS, J. M. G.U. 1 — gas, Verado Energy, Inc., Upshur County, 389 thousand reported
  • CRAIG, J.V. GU 1 — gas, Peak Energy Corporation, Upshur County, 389 thousand reported
  • GLADEWATER G.U. 14 — gas, Oneok Texas Energy Resources, LP, Upshur County, 387 thousand reported
  • GLADEWATER GU 7 — gas, Exxon Corp., Upshur County, 387 thousand reported
  • CEDAR SPRINGS GAS UNIT NO. 6 — gas, Marathon Oil Company, Upshur County, 385 thousand reported
  • BROWN "B" — gas, Valence Operating Company, Upshur County, 384 thousand reported
  • WADE, C.K. GAS UNIT #1 — gas, 3tec Energy Corporation, Upshur County, 381 thousand reported
  • SOBEY, J.H. GAS UNIT — gas, C. W. Resources, Inc., Upshur County, 372 thousand reported
  • BRAWLEY — gas, Powco Oil & Gas Co., Upshur County, 369 thousand reported
  • BERRY, WILLIAM L., DR. ET AL — gas, Amoco Production Company, Upshur County, 365 thousand reported
  • BOGEL GAS UNIT #2 — gas, Mcbee Operating Company, L.L.C., Upshur County, 363 thousand reported
  • SMART, VIDA OIL UNIT "A" — oil, Key Production Company, Inc., Upshur County, 360 thousand reported
  • MOUGHON GAS UNIT — gas, Apache Corporation, Upshur County, 359 thousand reported
  • WILLIS, F.M. GAS UNIT — gas, Wagner & Brown, Ltd., Upshur County, 356 thousand reported
  • BOGEL GAS UNIT #2 — gas, Mcbee Company, The, Upshur County, 356 thousand reported
  • BROWN, IDA MAE — gas, Levinson Partners Corporation, Upshur County, 351 thousand reported
  • FREE, J.W. GAS UNIT — gas, Exco Operating Company, LP, Upshur County, 350 thousand reported
  • JONES, JACK EST. G.U. — gas, Apache Corporation, Upshur County, 345 thousand reported
  • CEDAR SPRINGS GAS UNIT NO. 5 — gas, Marathon Oil Company, Upshur County, 343 thousand reported
  • GLADEWATER G.U. 14 — gas, Wagner & Brown, Ltd., Upshur County, 338 thousand reported
  • FLEWELLEN, J. J. ESTATE — gas, Dallas Production, Inc., Upshur County, 335 thousand reported
  • WILLIS. F.M. GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 334 thousand reported
  • JORDAN — gas, Burk Royalty Co., Ltd., Upshur County, 326 thousand reported
  • PHILLIPS "E" GU — gas, Oneok Texas Energy Resources, LP, Upshur County, 325 thousand reported
  • MARTIN -L- — gas, Medicine Bow Operating Company, Upshur County, 324 thousand reported
  • CEDAR SPRINGS GAS UNIT 3 — gas, Matador Operating Company, Upshur County, 323 thousand reported
  • THORNE — gas, Stroud Petroleum, Inc., Upshur County, 319 thousand reported
  • INMAN -A- — gas, El Paso E & P Company, L. P., Upshur County, 315 thousand reported
  • CHILDRESS — gas, Lomak Production Company, Upshur County, 313 thousand reported
  • LANDERS UNIT — gas, Vintage Petroleum, Inc., Upshur County, 312 thousand reported
  • KIRKPATRICK R. — gas, C. W. Resources, Inc., Upshur County, 312 thousand reported
  • ALLGOOD GAS UNIT — gas, Marathon Oil Company, Upshur County, 311 thousand reported
  • MARTIN "L" — gas, El Paso E & P Company, L. P., Upshur County, 311 thousand reported
  • CHOUT 2 — gas, El Paso E & P Company, L. P., Upshur County, 310 thousand reported
  • GLADEWATER GU 9 — gas, Wagner & Brown, Ltd., Upshur County, 308 thousand reported
  • FLEWELLEN, J. J. — gas, C. W. Resources, Inc., Upshur County, 307 thousand reported
  • HAMPTON, HOWARD (MOBIL) — oil, Mobil Producing TX. & N.M. Inc., Upshur County, 303 thousand reported
  • MARTIN -L- — gas, El Paso E & P Company, L. P., Upshur County, 290 thousand reported
  • LANDERS UNIT — gas, Forest Oil Corporation, Upshur County, 290 thousand reported
  • SOUTH BRAWLEY GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 289 thousand reported
  • DELROSE G.U. 1 — gas, Exxon Corp., Upshur County, 276 thousand reported
  • SOUTH BRAWLEY GAS UNIT — gas, Txok Texas Energy Resources,L.P., Upshur County, 270 thousand reported
  • WILCO GAS UNIT #1 — gas, Marathon Oil Company, Upshur County, 268 thousand reported
  • ALLGOOD GAS UNIT #1 — gas, Apache Corporation, Upshur County, 268 thousand reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.