LESLEY TRUST
LESLEY TRUST is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from December 2004 to August 2026, totalling 3,733,017 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 $1.3M, with roughly $215K 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 9,280 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 31,643 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 LESLEY TRUST
- Who operates LESLEY TRUST?
- LESLEY TRUST is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is LESLEY TRUST?
- LESLEY TRUST is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 206638.
- Is LESLEY TRUST still producing?
- LESLEY TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LESLEY TRUST is August 2026.
- How much has LESLEY TRUST produced?
- LESLEY TRUST has reported 3,733,017 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2004 and August 2026, from 1 wellbore.
- How much is LESLEY TRUST worth?
- The remaining production from LESLEY TRUST is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LESLEY TRUST is a fraction of it. The estimate fits an Arps decline curve to the production LESLEY TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LESLEY TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does LESLEY TRUST generate in a year?
- LESLEY TRUST is forecast to net about $215K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LESLEY TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 206638 |
| Wellbores | 1 |
| Reported production | 3,733,017 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where LESLEY TRUST 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.