LOCKE
LOCKE is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Ellora Operating, L.P. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 952,342 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 $179K, with roughly $33K 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 1,520 thousand cubic feet a month. Its strongest month on the record we hold was December 2020, at 4,100 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 LOCKE
- Who operates LOCKE?
- LOCKE is operated by Ellora Operating, L.P., Railroad Commission of Texas operator number 250595.
- Where is LOCKE?
- LOCKE is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 247340.
- Is LOCKE still producing?
- LOCKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKE is August 2026.
- How much has LOCKE produced?
- LOCKE has reported 952,342 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is LOCKE worth?
- The remaining production from LOCKE is estimated to be worth about $179K in total as of 26 August 2026, within a range of $149K to $210K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKE is a fraction of it. The estimate fits an Arps decline curve to the production LOCKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKE is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKE generate in a year?
- LOCKE is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOCKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ellora Operating, L.P. |
|---|---|
| Field | Huxley (6100) |
| County | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 247340 |
| Wellbores | 1 |
| Reported production | 952,342 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $179K |
Where LOCKE 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.