BALKE, I.
BALKE, I. is a Texas gas lease in Burleson County, Railroad Commission district 03, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 7,030 thousand cubic feet. 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 $954, with roughly $121 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 4 thousand cubic feet a month. Its strongest month on the record we hold was February 2021, at 256 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BALKE, I.
- Who operates BALKE, I.?
- BALKE, I. is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is BALKE, I.?
- BALKE, I. is a Texas gas lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 242994.
- Is BALKE, I. still producing?
- BALKE, I. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BALKE, I. is August 2026.
- How much has BALKE, I. produced?
- BALKE, I. has reported 7,030 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is BALKE, I. worth?
- The remaining production from BALKE, I. is estimated to be worth about $954 in total as of 27 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALKE, I. is a fraction of it. The estimate fits an Arps decline curve to the production BALKE, I. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALKE, I. is an estimate of value, not an offer and not an appraisal.
- How much income does BALKE, I. generate in a year?
- BALKE, I. is forecast to net about $121 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALKE, I. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Giddings (Buda) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 242994 |
| Wellbores | 1 |
| Reported production | 7,030 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $954 |
Where BALKE, I. 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.