SPRINGWOOD UNIT
SPRINGWOOD UNIT is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Collins & Young Oper, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 2,259,285 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 $689K, with roughly $123K 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 5,616 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 16,033 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 SPRINGWOOD UNIT
- Who operates SPRINGWOOD UNIT?
- SPRINGWOOD UNIT is operated by Collins & Young Oper, L.L.C., Railroad Commission of Texas operator number 168355.
- Where is SPRINGWOOD UNIT?
- SPRINGWOOD UNIT is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 245203.
- Is SPRINGWOOD UNIT still producing?
- SPRINGWOOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPRINGWOOD UNIT is August 2026.
- How much has SPRINGWOOD UNIT produced?
- SPRINGWOOD UNIT has reported 2,259,285 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is SPRINGWOOD UNIT worth?
- The remaining production from SPRINGWOOD UNIT is estimated to be worth about $689K in total as of 26 August 2026, within a range of $571K to $806K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPRINGWOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SPRINGWOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPRINGWOOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SPRINGWOOD UNIT generate in a year?
- SPRINGWOOD UNIT is forecast to net about $123K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPRINGWOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Collins & Young Oper, L.L.C. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 245203 |
| Wellbores | 1 |
| Reported production | 2,259,285 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $689K |
Where SPRINGWOOD 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.