RED RIVER 589
RED RIVER 589 is a Texas gas lease in Nacogdoches County, Railroad Commission district 06, operated by Exco Operating Company, LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 3,121,146 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 $328K, with roughly $50K 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 2,043 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 11,906 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 RED RIVER 589
- Who operates RED RIVER 589?
- RED RIVER 589 is operated by Exco Operating Company, LP, Railroad Commission of Texas operator number 256915.
- Where is RED RIVER 589?
- RED RIVER 589 is a Texas gas lease in Nacogdoches County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 257958.
- Is RED RIVER 589 still producing?
- RED RIVER 589 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED RIVER 589 is August 2026.
- How much has RED RIVER 589 produced?
- RED RIVER 589 has reported 3,121,146 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2010 and August 2026, from 1 wellbore.
- How much is RED RIVER 589 worth?
- The remaining production from RED RIVER 589 is estimated to be worth about $328K in total as of 26 August 2026, within a range of $272K to $383K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED RIVER 589 is a fraction of it. The estimate fits an Arps decline curve to the production RED RIVER 589 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED RIVER 589 is an estimate of value, not an offer and not an appraisal.
- How much income does RED RIVER 589 generate in a year?
- RED RIVER 589 is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RED RIVER 589 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exco Operating Company, LP |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Nacogdoches County, Texas |
| RRC district | 06 |
| Lease number | 257958 |
| Wellbores | 1 |
| Reported production | 3,121,146 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $328K |
Where RED RIVER 589 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.