SOUTHARD FARMS
SOUTHARD FARMS is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 1,577,590 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 $415K, with roughly $63K 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 2,978 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 5,606 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 SOUTHARD FARMS
- Who operates SOUTHARD FARMS?
- SOUTHARD FARMS is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is SOUTHARD FARMS?
- SOUTHARD FARMS is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 251811.
- Is SOUTHARD FARMS still producing?
- SOUTHARD FARMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTHARD FARMS is August 2026.
- How much has SOUTHARD FARMS produced?
- SOUTHARD FARMS has reported 1,577,590 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is SOUTHARD FARMS worth?
- The remaining production from SOUTHARD FARMS is estimated to be worth about $415K in total as of 26 August 2026, within a range of $344K to $485K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTHARD FARMS is a fraction of it. The estimate fits an Arps decline curve to the production SOUTHARD FARMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTHARD FARMS is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTHARD FARMS generate in a year?
- SOUTHARD FARMS is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SOUTHARD FARMS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 251811 |
| Wellbores | 1 |
| Reported production | 1,577,590 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $415K |
Where SOUTHARD FARMS 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.