DAVID 109
DAVID 109 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 329,797 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 $26K, with roughly $3K 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 136 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 515 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 DAVID 109
- Who operates DAVID 109?
- DAVID 109 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is DAVID 109?
- DAVID 109 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 125263.
- Is DAVID 109 still producing?
- DAVID 109 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVID 109 is August 2026.
- How much has DAVID 109 produced?
- DAVID 109 has reported 329,797 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DAVID 109 worth?
- The remaining production from DAVID 109 is estimated to be worth about $26K in total as of 26 August 2026, within a range of $20K to $32K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVID 109 is a fraction of it. The estimate fits an Arps decline curve to the production DAVID 109 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVID 109 is an estimate of value, not an offer and not an appraisal.
- How much income does DAVID 109 generate in a year?
- DAVID 109 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVID 109 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 125263 |
| Wellbores | 1 |
| Reported production | 329,797 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where DAVID 109 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.