REED-HATHORN UNIT
REED-HATHORN UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 1,850,757 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 $560K, with roughly $85K 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 3,661 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 8,432 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 REED-HATHORN UNIT
- Who operates REED-HATHORN UNIT?
- REED-HATHORN UNIT is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is REED-HATHORN UNIT?
- REED-HATHORN UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 216751.
- Is REED-HATHORN UNIT still producing?
- REED-HATHORN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REED-HATHORN UNIT is August 2026.
- How much has REED-HATHORN UNIT produced?
- REED-HATHORN UNIT has reported 1,850,757 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2006 and August 2026, from 1 wellbore.
- How much is REED-HATHORN UNIT worth?
- The remaining production from REED-HATHORN UNIT is estimated to be worth about $560K in total as of 26 August 2026, within a range of $465K to $655K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED-HATHORN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production REED-HATHORN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED-HATHORN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does REED-HATHORN UNIT generate in a year?
- REED-HATHORN UNIT is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REED-HATHORN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 216751 |
| Wellbores | 1 |
| Reported production | 1,850,757 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $560K |
Where REED-HATHORN 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.