LOCKHART
LOCKHART is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Andrew Alan Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 346,100 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 $17K, with roughly $11K 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 879 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 13,496 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LOCKHART
- Who operates LOCKHART?
- LOCKHART is operated by Andrew Alan Exploration, Inc., Railroad Commission of Texas operator number 024126.
- Where is LOCKHART?
- LOCKHART is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 223215.
- Is LOCKHART still producing?
- LOCKHART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKHART is August 2026.
- How much has LOCKHART produced?
- LOCKHART has reported 346,100 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is LOCKHART worth?
- The remaining production from LOCKHART is estimated to be worth about $17K in total as of 26 August 2026, within a range of $13K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKHART is a fraction of it. The estimate fits an Arps decline curve to the production LOCKHART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKHART is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKHART generate in a year?
- LOCKHART is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOCKHART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Andrew Alan Exploration, Inc. |
|---|---|
| Field | Hallsville, Ne (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 223215 |
| Wellbores | 1 |
| Reported production | 346,100 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where LOCKHART 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.