DYER 2988
DYER 2988 is a Texas gas lease in Callahan County, Railroad Commission district 7B, operated by Van Operating, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from March 2017 to August 2026, totalling 709,093 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 $279K 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 10,505 thousand cubic feet a month. Its strongest month on the record we hold was March 2024, at 19,489 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 DYER 2988
- Who operates DYER 2988?
- DYER 2988 is operated by Van Operating, Ltd., Railroad Commission of Texas operator number 881442.
- Where is DYER 2988?
- DYER 2988 is a Texas gas lease in Callahan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 282235.
- Is DYER 2988 still producing?
- DYER 2988 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DYER 2988 is August 2026.
- How much has DYER 2988 produced?
- DYER 2988 has reported 709,093 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2017 and August 2026, from 1 wellbore.
- How much is DYER 2988 worth?
- The remaining production from DYER 2988 is estimated to be worth about $1.6M in total as of 27 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 DYER 2988 is a fraction of it. The estimate fits an Arps decline curve to the production DYER 2988 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DYER 2988 is an estimate of value, not an offer and not an appraisal.
- How much income does DYER 2988 generate in a year?
- DYER 2988 is forecast to net about $279K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DYER 2988 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Van Operating, Ltd. |
|---|---|
| Field | Callahan, Ne (Congl) |
| County | Callahan County, Texas |
| RRC district | 7B |
| Lease number | 282235 |
| Wellbores | 1 |
| Reported production | 709,093 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where DYER 2988 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.