RIGGS, J. H. GAS UNIT
RIGGS, J. H. GAS UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Operating Co., L.P. It has 1 wellbore on file with the Commission. Reported production runs from February 2004 to August 2026, totalling 1,637,068 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 $225K, with roughly $57K 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 3,429 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 5,162 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 RIGGS, J. H. GAS UNIT
- Who operates RIGGS, J. H. GAS UNIT?
- RIGGS, J. H. GAS UNIT is operated by Devon Energy Operating Co., L.P., Railroad Commission of Texas operator number 216730.
- Where is RIGGS, J. H. GAS UNIT?
- RIGGS, J. H. GAS UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 200778.
- Is RIGGS, J. H. GAS UNIT still producing?
- RIGGS, J. H. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIGGS, J. H. GAS UNIT is August 2026.
- How much has RIGGS, J. H. GAS UNIT produced?
- RIGGS, J. H. GAS UNIT has reported 1,637,068 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2004 and August 2026, from 1 wellbore.
- How much is RIGGS, J. H. GAS UNIT worth?
- The remaining production from RIGGS, J. H. GAS UNIT is estimated to be worth about $225K in total as of 26 August 2026, within a range of $187K to $263K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIGGS, J. H. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RIGGS, J. H. GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIGGS, J. H. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RIGGS, J. H. GAS UNIT generate in a year?
- RIGGS, J. H. GAS UNIT is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIGGS, J. H. GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Operating Co., L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 200778 |
| Wellbores | 1 |
| Reported production | 1,637,068 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where RIGGS, J. H. GAS 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.