COVINGTON-WEEKES UNIT
COVINGTON-WEEKES UNIT is a Texas gas lease in Eastland County, Railroad Commission district 7B, operated by Anderson, E. D. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,409 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 $4K, with roughly $446 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 20 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 269 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COVINGTON-WEEKES UNIT
- Who operates COVINGTON-WEEKES UNIT?
- COVINGTON-WEEKES UNIT is operated by Anderson, E. D., Railroad Commission of Texas operator number 021802.
- Where is COVINGTON-WEEKES UNIT?
- COVINGTON-WEEKES UNIT is a Texas gas lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 126191.
- Is COVINGTON-WEEKES UNIT still producing?
- COVINGTON-WEEKES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COVINGTON-WEEKES UNIT is August 2026.
- How much has COVINGTON-WEEKES UNIT produced?
- COVINGTON-WEEKES UNIT has reported 33,409 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is COVINGTON-WEEKES UNIT worth?
- The remaining production from COVINGTON-WEEKES UNIT is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COVINGTON-WEEKES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COVINGTON-WEEKES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COVINGTON-WEEKES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COVINGTON-WEEKES UNIT generate in a year?
- COVINGTON-WEEKES UNIT is forecast to net about $446 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COVINGTON-WEEKES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anderson, E. D. |
|---|---|
| Field | Butler (Congl.) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 126191 |
| Wellbores | 1 |
| Reported production | 33,409 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where COVINGTON-WEEKES UNIT 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.