GARDENDALE 1201B
GARDENDALE 1201B is a Texas gas lease in Ector County, Railroad Commission district 08, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 867,511 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 $13.7M, with roughly $4.9M 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 42,208 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 105,301 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GARDENDALE 1201B
- Who operates GARDENDALE 1201B?
- GARDENDALE 1201B is operated by Continental Resources, Inc., Railroad Commission of Texas operator number 173777.
- Where is GARDENDALE 1201B?
- GARDENDALE 1201B is a Texas gas lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 301312.
- Is GARDENDALE 1201B still producing?
- GARDENDALE 1201B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARDENDALE 1201B is August 2026.
- How much has GARDENDALE 1201B produced?
- GARDENDALE 1201B has reported 867,511 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
- How much is GARDENDALE 1201B worth?
- The remaining production from GARDENDALE 1201B is estimated to be worth about $13.7M in total as of 27 August 2026, within a range of $11.3M to $16.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARDENDALE 1201B is a fraction of it. The estimate fits an Arps decline curve to the production GARDENDALE 1201B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARDENDALE 1201B is an estimate of value, not an offer and not an appraisal.
- How much income does GARDENDALE 1201B generate in a year?
- GARDENDALE 1201B is forecast to net about $4.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARDENDALE 1201B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Continental Resources, Inc. |
|---|---|
| Field | Emma (Barnett Shale) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 301312 |
| Wellbores | 1 |
| Reported production | 867,511 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.7M |
Where GARDENDALE 1201B 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.