AGF RANCH BAC
AGF RANCH BAC is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 1,894,504 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 $512K, with roughly $89K 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 3,845 thousand cubic feet a month. Its strongest month on the record we hold was September 2017, at 6,435 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 AGF RANCH BAC
- Who operates AGF RANCH BAC?
- AGF RANCH BAC is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is AGF RANCH BAC?
- AGF RANCH BAC is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 231116.
- Is AGF RANCH BAC still producing?
- AGF RANCH BAC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AGF RANCH BAC is August 2026.
- How much has AGF RANCH BAC produced?
- AGF RANCH BAC has reported 1,894,504 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is AGF RANCH BAC worth?
- The remaining production from AGF RANCH BAC is estimated to be worth about $512K in total as of 26 August 2026, within a range of $425K to $599K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AGF RANCH BAC is a fraction of it. The estimate fits an Arps decline curve to the production AGF RANCH BAC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AGF RANCH BAC is an estimate of value, not an offer and not an appraisal.
- How much income does AGF RANCH BAC generate in a year?
- AGF RANCH BAC is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AGF RANCH BAC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 231116 |
| Wellbores | 1 |
| Reported production | 1,894,504 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $512K |
Where AGF RANCH BAC 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.