LOONEY
LOONEY is a Texas gas lease in Bee County, Railroad Commission district 02, operated by Hydrocarbon Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 220,565 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 $2.0M, with roughly $375K 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 7,433 thousand cubic feet a month. Its strongest month on the record we hold was February 2024, at 11,546 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 LOONEY
- Who operates LOONEY?
- LOONEY is operated by Hydrocarbon Operating, Inc., Railroad Commission of Texas operator number 421166.
- Where is LOONEY?
- LOONEY is a Texas gas lease in Bee County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 295384.
- Is LOONEY still producing?
- LOONEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOONEY is August 2026.
- How much has LOONEY produced?
- LOONEY has reported 220,565 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is LOONEY worth?
- The remaining production from LOONEY is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOONEY is a fraction of it. The estimate fits an Arps decline curve to the production LOONEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOONEY is an estimate of value, not an offer and not an appraisal.
- How much income does LOONEY generate in a year?
- LOONEY is forecast to net about $375K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOONEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hydrocarbon Operating, Inc. |
|---|---|
| Field | Norbee (Hockley 3700) |
| County | Bee County, Texas |
| RRC district | 02 |
| Lease number | 295384 |
| Wellbores | 1 |
| Reported production | 220,565 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where LOONEY 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.