BOLES, VERDIA
BOLES, VERDIA is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 4,314,830 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 $1.6M, with roughly $240K 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 10,110 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 23,549 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BOLES, VERDIA
- Who operates BOLES, VERDIA?
- BOLES, VERDIA is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is BOLES, VERDIA?
- BOLES, VERDIA is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 261969.
- Is BOLES, VERDIA still producing?
- BOLES, VERDIA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOLES, VERDIA is August 2026.
- How much has BOLES, VERDIA produced?
- BOLES, VERDIA has reported 4,314,830 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2011 and August 2026, from 1 wellbore.
- How much is BOLES, VERDIA worth?
- The remaining production from BOLES, VERDIA is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOLES, VERDIA is a fraction of it. The estimate fits an Arps decline curve to the production BOLES, VERDIA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOLES, VERDIA is an estimate of value, not an offer and not an appraisal.
- How much income does BOLES, VERDIA generate in a year?
- BOLES, VERDIA is forecast to net about $240K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOLES, VERDIA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 261969 |
| Wellbores | 1 |
| Reported production | 4,314,830 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where BOLES, VERDIA 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.