DUKES

DUKES is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 2,253,852 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 $590K, with roughly $124K 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 3,232 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 9,860 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 DUKES

Who operates DUKES?
DUKES is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
Where is DUKES?
DUKES is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 261332.
Is DUKES still producing?
DUKES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUKES is August 2026.
How much has DUKES produced?
DUKES has reported 2,253,852 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
How much is DUKES worth?
The remaining production from DUKES is estimated to be worth about $590K in total as of 27 August 2026, within a range of $490K to $691K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUKES is a fraction of it. The estimate fits an Arps decline curve to the production DUKES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUKES is an estimate of value, not an offer and not an appraisal.
How much income does DUKES generate in a year?
DUKES is forecast to net about $124K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DUKES receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DUKES as filed with the Railroad Commission of Texas
OperatorForest Oil Corporation
FieldWheeler N.E. (Granite Wash)
CountyWheeler County, Texas
RRC district10
Lease number261332
Wellbores1
Reported production2,253,852 mcf
First reported
Last reported
Estimated royalty value$590K

Where DUKES 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.