KRUM JOINT VENTURE
KRUM JOINT VENTURE 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 2002 to August 2026, totalling 311,617 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 $48K, with roughly $7K 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 320 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 502 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 KRUM JOINT VENTURE
- Who operates KRUM JOINT VENTURE?
- KRUM JOINT VENTURE is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is KRUM JOINT VENTURE?
- KRUM JOINT VENTURE is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 193678.
- Is KRUM JOINT VENTURE still producing?
- KRUM JOINT VENTURE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KRUM JOINT VENTURE is August 2026.
- How much has KRUM JOINT VENTURE produced?
- KRUM JOINT VENTURE has reported 311,617 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2002 and August 2026, from 1 wellbore.
- How much is KRUM JOINT VENTURE worth?
- The remaining production from KRUM JOINT VENTURE is estimated to be worth about $48K in total as of 26 August 2026, within a range of $38K to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KRUM JOINT VENTURE is a fraction of it. The estimate fits an Arps decline curve to the production KRUM JOINT VENTURE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KRUM JOINT VENTURE is an estimate of value, not an offer and not an appraisal.
- How much income does KRUM JOINT VENTURE generate in a year?
- KRUM JOINT VENTURE is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KRUM JOINT VENTURE 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 | 193678 |
| Wellbores | 1 |
| Reported production | 311,617 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where KRUM JOINT VENTURE 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.