BOTARD
BOTARD is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Ironwood Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 416,891 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 $211K, with roughly $32K 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 1,356 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 4,441 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 BOTARD
- Who operates BOTARD?
- BOTARD is operated by Ironwood Oil & Gas LLC, Railroad Commission of Texas operator number 426635.
- Where is BOTARD?
- BOTARD is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 266120.
- Is BOTARD still producing?
- BOTARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOTARD is August 2026.
- How much has BOTARD produced?
- BOTARD has reported 416,891 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2011 and August 2026, from 1 wellbore.
- How much is BOTARD worth?
- The remaining production from BOTARD is estimated to be worth about $211K in total as of 26 August 2026, within a range of $175K to $246K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOTARD is a fraction of it. The estimate fits an Arps decline curve to the production BOTARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOTARD is an estimate of value, not an offer and not an appraisal.
- How much income does BOTARD generate in a year?
- BOTARD is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOTARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ironwood Oil & Gas LLC |
|---|---|
| Field | Bear Grass (Cotton Valley Cons) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 266120 |
| Wellbores | 1 |
| Reported production | 416,891 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $211K |
Where BOTARD 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.