ORAND #1
ORAND #1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 1,277,575 thousand cubic feet. 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 $296K, with roughly $45K 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 2,041 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 4,335 thousand cubic feet. 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 ORAND #1
- Who operates ORAND #1?
- ORAND #1 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is ORAND #1?
- ORAND #1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 229514.
- Is ORAND #1 still producing?
- ORAND #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ORAND #1 is August 2026.
- How much has ORAND #1 produced?
- ORAND #1 has reported 1,277,575 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2007 and August 2026, from 1 wellbore.
- How much is ORAND #1 worth?
- The remaining production from ORAND #1 is estimated to be worth about $296K in total as of 26 August 2026, within a range of $246K to $347K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ORAND #1 is a fraction of it. The estimate fits an Arps decline curve to the production ORAND #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ORAND #1 is an estimate of value, not an offer and not an appraisal.
- How much income does ORAND #1 generate in a year?
- ORAND #1 is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ORAND #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Reed (Haynesville Cons.) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 229514 |
| Wellbores | 1 |
| Reported production | 1,277,575 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $296K |
Where ORAND #1 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.