FRIEND, JOE ESTATE
FRIEND, JOE ESTATE is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Dominion Oklahoma Texas E&P, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 820,141 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 $264K, with roughly $40K 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 1,656 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 4,861 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 FRIEND, JOE ESTATE
- Who operates FRIEND, JOE ESTATE?
- FRIEND, JOE ESTATE is operated by Dominion Oklahoma Texas E&P, Inc, Railroad Commission of Texas operator number 222282.
- Where is FRIEND, JOE ESTATE?
- FRIEND, JOE ESTATE is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 231409.
- Is FRIEND, JOE ESTATE still producing?
- FRIEND, JOE ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRIEND, JOE ESTATE is August 2026.
- How much has FRIEND, JOE ESTATE produced?
- FRIEND, JOE ESTATE has reported 820,141 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2007 and August 2026, from 1 wellbore.
- How much is FRIEND, JOE ESTATE worth?
- The remaining production from FRIEND, JOE ESTATE is estimated to be worth about $264K in total as of 27 August 2026, within a range of $219K to $309K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRIEND, JOE ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production FRIEND, JOE ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRIEND, JOE ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does FRIEND, JOE ESTATE generate in a year?
- FRIEND, JOE ESTATE is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRIEND, JOE ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dominion Oklahoma Texas E&P, Inc |
|---|---|
| Field | Sawyer (Canyon) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 231409 |
| Wellbores | 1 |
| Reported production | 820,141 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $264K |
Where FRIEND, JOE ESTATE 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.