LOCKHART

LOCKHART is a Texas gas lease in Andrews County, Railroad Commission district 08, operated by Huntington Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 249,789 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 1,201 thousand cubic feet a month. Its strongest month on the record we hold was June 2024, at 2,395 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 LOCKHART

Who operates LOCKHART?
LOCKHART is operated by Huntington Energy, L.L.C., Railroad Commission of Texas operator number 419291.
Where is LOCKHART?
LOCKHART is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 248921.
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 249,789 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2009 and August 2026, from 1 wellbore.
How much is LOCKHART worth?
The remaining production from LOCKHART is estimated to be worth about $328K in total as of 27 August 2026, within a range of $272K to $384K. 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 $50K across the whole undivided lease over the twelve months following 27 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

LOCKHART as filed with the Railroad Commission of Texas
OperatorHuntington Energy, L.L.C.
FieldThree Bar (Yates)
CountyAndrews County, Texas
RRC district08
Lease number248921
Wellbores1
Reported production249,789 mcf
First reported
Last reported
Estimated royalty value$328K

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.