HOWARD-JERNIGAN
HOWARD-JERNIGAN is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Cross Timbers Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from February 1999 to August 2026, totalling 649,024 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 $302K, with roughly $46K 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 2,013 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 5,770 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 HOWARD-JERNIGAN
- Who operates HOWARD-JERNIGAN?
- HOWARD-JERNIGAN is operated by Cross Timbers Operating Company, Railroad Commission of Texas operator number 190468.
- Where is HOWARD-JERNIGAN?
- HOWARD-JERNIGAN is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 172766.
- Is HOWARD-JERNIGAN still producing?
- HOWARD-JERNIGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWARD-JERNIGAN is August 2026.
- How much has HOWARD-JERNIGAN produced?
- HOWARD-JERNIGAN has reported 649,024 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1999 and August 2026, from 1 wellbore.
- How much is HOWARD-JERNIGAN worth?
- The remaining production from HOWARD-JERNIGAN is estimated to be worth about $302K in total as of 27 August 2026, within a range of $251K to $354K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWARD-JERNIGAN is a fraction of it. The estimate fits an Arps decline curve to the production HOWARD-JERNIGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWARD-JERNIGAN is an estimate of value, not an offer and not an appraisal.
- How much income does HOWARD-JERNIGAN generate in a year?
- HOWARD-JERNIGAN is forecast to net about $46K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOWARD-JERNIGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cross Timbers Operating Company |
|---|---|
| Field | Whelan (Travis Peak Prorated) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 172766 |
| Wellbores | 1 |
| Reported production | 649,024 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $302K |
Where HOWARD-JERNIGAN 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.