OWENS UNIT
OWENS 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 May 2005 to August 2026, totalling 498,053 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 $154K, with roughly $27K 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 1,001 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,651 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 OWENS UNIT
- Who operates OWENS UNIT?
- OWENS UNIT is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is OWENS UNIT?
- OWENS UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 210395.
- Is OWENS UNIT still producing?
- OWENS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWENS UNIT is August 2026.
- How much has OWENS UNIT produced?
- OWENS UNIT has reported 498,053 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2005 and August 2026, from 1 wellbore.
- How much is OWENS UNIT worth?
- The remaining production from OWENS UNIT is estimated to be worth about $154K in total as of 26 August 2026, within a range of $128K to $180K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWENS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OWENS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWENS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OWENS UNIT generate in a year?
- OWENS UNIT is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWENS 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 | 210395 |
| Wellbores | 1 |
| Reported production | 498,053 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $154K |
Where OWENS 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.