BALLARD
BALLARD is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Cabot Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 564,624 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 $68K, with roughly $10K 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 448 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 2,318 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BALLARD
- Who operates BALLARD?
- BALLARD is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is BALLARD?
- BALLARD is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 142390.
- Is BALLARD still producing?
- BALLARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALLARD is August 2026.
- How much has BALLARD produced?
- BALLARD has reported 564,624 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BALLARD worth?
- The remaining production from BALLARD is estimated to be worth about $68K in total as of 26 August 2026, within a range of $53K to $83K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALLARD is a fraction of it. The estimate fits an Arps decline curve to the production BALLARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALLARD is an estimate of value, not an offer and not an appraisal.
- How much income does BALLARD generate in a year?
- BALLARD is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALLARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cabot Oil & Gas Corporation |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 142390 |
| Wellbores | 1 |
| Reported production | 564,624 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $68K |
Where BALLARD 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.