FAIRMAN UNIT
FAIRMAN UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 355,413 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 $43K, 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 May 2016, at 809 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 FAIRMAN UNIT
- Who operates FAIRMAN UNIT?
- FAIRMAN UNIT is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is FAIRMAN UNIT?
- FAIRMAN UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 202158.
- Is FAIRMAN UNIT still producing?
- FAIRMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAIRMAN UNIT is August 2026.
- How much has FAIRMAN UNIT produced?
- FAIRMAN UNIT has reported 355,413 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2004 and August 2026, from 1 wellbore.
- How much is FAIRMAN UNIT worth?
- The remaining production from FAIRMAN UNIT is estimated to be worth about $43K in total as of 26 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAIRMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FAIRMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAIRMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FAIRMAN UNIT generate in a year?
- FAIRMAN UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAIRMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 202158 |
| Wellbores | 1 |
| Reported production | 355,413 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where FAIRMAN 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.