IRELAND UNIT
IRELAND 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 October 2003 to August 2026, totalling 695,716 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 $588K, with roughly $94K 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 3,214 thousand cubic feet a month. Its strongest month on the record we hold was November 2024, at 6,762 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 IRELAND UNIT
- Who operates IRELAND UNIT?
- IRELAND UNIT is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is IRELAND UNIT?
- IRELAND UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 197797.
- Is IRELAND UNIT still producing?
- IRELAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRELAND UNIT is August 2026.
- How much has IRELAND UNIT produced?
- IRELAND UNIT has reported 695,716 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2003 and August 2026, from 1 wellbore.
- How much is IRELAND UNIT worth?
- The remaining production from IRELAND UNIT is estimated to be worth about $588K in total as of 26 August 2026, within a range of $488K to $687K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRELAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production IRELAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRELAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does IRELAND UNIT generate in a year?
- IRELAND UNIT is forecast to net about $94K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IRELAND 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 | 197797 |
| Wellbores | 1 |
| Reported production | 695,716 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $588K |
Where IRELAND 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.