BINGHAM UNIT
BINGHAM UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Carrizo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 1,706,837 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 $100K, with roughly $24K 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 1,845 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 7,693 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 BINGHAM UNIT
- Who operates BINGHAM UNIT?
- BINGHAM UNIT is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is BINGHAM UNIT?
- BINGHAM UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 241650.
- Is BINGHAM UNIT still producing?
- BINGHAM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BINGHAM UNIT is August 2026.
- How much has BINGHAM UNIT produced?
- BINGHAM UNIT has reported 1,706,837 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2007 and August 2026, from 1 wellbore.
- How much is BINGHAM UNIT worth?
- The remaining production from BINGHAM UNIT is estimated to be worth about $100K in total as of 26 August 2026, within a range of $83K to $117K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BINGHAM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BINGHAM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BINGHAM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BINGHAM UNIT generate in a year?
- BINGHAM UNIT is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BINGHAM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 241650 |
| Wellbores | 1 |
| Reported production | 1,706,837 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $100K |
Where BINGHAM UNIT 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.