JAMES LOCHHEAD UNIT
JAMES LOCHHEAD 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 December 2009 to August 2026, totalling 1,009,625 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 $639K, with roughly $98K 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 3,213 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 8,829 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 JAMES LOCHHEAD UNIT
- Who operates JAMES LOCHHEAD UNIT?
- JAMES LOCHHEAD UNIT is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is JAMES LOCHHEAD UNIT?
- JAMES LOCHHEAD UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 255592.
- Is JAMES LOCHHEAD UNIT still producing?
- JAMES LOCHHEAD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAMES LOCHHEAD UNIT is August 2026.
- How much has JAMES LOCHHEAD UNIT produced?
- JAMES LOCHHEAD UNIT has reported 1,009,625 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2009 and August 2026, from 1 wellbore.
- How much is JAMES LOCHHEAD UNIT worth?
- The remaining production from JAMES LOCHHEAD UNIT is estimated to be worth about $639K in total as of 26 August 2026, within a range of $530K to $747K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAMES LOCHHEAD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JAMES LOCHHEAD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAMES LOCHHEAD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JAMES LOCHHEAD UNIT generate in a year?
- JAMES LOCHHEAD UNIT is forecast to net about $98K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JAMES LOCHHEAD 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 | 255592 |
| Wellbores | 1 |
| Reported production | 1,009,625 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $639K |
Where JAMES LOCHHEAD 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.