GORDON
GORDON is a Texas gas lease in Clay County, Railroad Commission district 09, operated by Lane Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 14,530 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 $37K, with roughly $5K 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 209 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 411 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 GORDON
- Who operates GORDON?
- GORDON is operated by Lane Operating Company, Railroad Commission of Texas operator number 484815.
- Where is GORDON?
- GORDON is a Texas gas lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 283812.
- Is GORDON still producing?
- GORDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GORDON is August 2026.
- How much has GORDON produced?
- GORDON has reported 14,530 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2017 and August 2026, from 1 wellbore.
- How much is GORDON worth?
- The remaining production from GORDON is estimated to be worth about $37K in total as of 27 August 2026, within a range of $29K to $45K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GORDON is a fraction of it. The estimate fits an Arps decline curve to the production GORDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GORDON is an estimate of value, not an offer and not an appraisal.
- How much income does GORDON generate in a year?
- GORDON is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GORDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lane Operating Company |
|---|---|
| Field | Heard (Caddo) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 283812 |
| Wellbores | 1 |
| Reported production | 14,530 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where GORDON 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.