WASHBURN, J. C. G. U. #1

WASHBURN, J. C. G. U. #1 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Ovation Energy, LP. It has 1 wellbore on file with the Commission. Reported production runs from March 2003 to August 2026, totalling 176,375 thousand cubic feet. The lease is shut in. 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 $592, with roughly $75 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 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 232 thousand cubic feet.

Key facts about WASHBURN, J. C. G. U. #1

Who operates WASHBURN, J. C. G. U. #1?: WASHBURN, J. C. G. U. #1 is operated by Ovation Energy, LP, Railroad Commission of Texas operator number 628540.
Where is WASHBURN, J. C. G. U. #1?: WASHBURN, J. C. G. U. #1 is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 194439.
Is WASHBURN, J. C. G. U. #1 still producing?: WASHBURN, J. C. G. U. #1 is shut in. The most recent month of production reported to the Railroad Commission of Texas for WASHBURN, J. C. G. U. #1 is August 2026.
How much has WASHBURN, J. C. G. U. #1 produced?: WASHBURN, J. C. G. U. #1 has reported 176,375 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2003 and August 2026, from 1 wellbore.
How much is WASHBURN, J. C. G. U. #1 worth?: The remaining production from WASHBURN, J. C. G. U. #1 is estimated to be worth about $592 in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WASHBURN, J. C. G. U. #1 is a fraction of it. The estimate fits an Arps decline curve to the production WASHBURN, J. C. G. U. #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WASHBURN, J. C. G. U. #1 is an estimate of value, not an offer and not an appraisal.
How much income does WASHBURN, J. C. G. U. #1 generate in a year?: WASHBURN, J. C. G. U. #1 is forecast to net about $75 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WASHBURN, J. C. G. U. #1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WASHBURN, J. C. G. U. #1 as filed with the Railroad Commission of Texas
Operator	Ovation Energy, LP
Field	Oak Hill (Cotton Valley)
County	Rusk County, Texas
RRC district	06
Lease number	194439
Wellbores	1
Reported production	176,375 mcf
First reported	March 2003
Last reported	August 2026
Estimated royalty value	$592

Where WASHBURN, J. C. G. U. #1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.