TOLAR, JOE
TOLAR, JOE is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Dorfman Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,758,620 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 $265K, with roughly $79K 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 3,528 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 10,111 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 TOLAR, JOE
- Who operates TOLAR, JOE?
- TOLAR, JOE is operated by Dorfman Production Company, Railroad Commission of Texas operator number 223490.
- Where is TOLAR, JOE?
- TOLAR, JOE is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 016960.
- Is TOLAR, JOE still producing?
- TOLAR, JOE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOLAR, JOE is August 2026.
- How much has TOLAR, JOE produced?
- TOLAR, JOE has reported 2,758,620 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TOLAR, JOE worth?
- The remaining production from TOLAR, JOE is estimated to be worth about $265K in total as of 26 August 2026, within a range of $220K to $311K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOLAR, JOE is a fraction of it. The estimate fits an Arps decline curve to the production TOLAR, JOE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOLAR, JOE is an estimate of value, not an offer and not an appraisal.
- How much income does TOLAR, JOE generate in a year?
- TOLAR, JOE is forecast to net about $79K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOLAR, JOE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dorfman Production Company |
|---|---|
| Field | Willow Springs (Pettit, Mi.) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 016960 |
| Wellbores | 1 |
| Reported production | 2,758,620 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $265K |
Where TOLAR, JOE 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.