HOMER KOONCE
HOMER KOONCE is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Ocean Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2000 to August 2026, totalling 3,297,633 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 $193K, with roughly $29K 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 2,053 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 5,862 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 HOMER KOONCE
- Who operates HOMER KOONCE?
- HOMER KOONCE is operated by Ocean Energy, Inc., Railroad Commission of Texas operator number 617549.
- Where is HOMER KOONCE?
- HOMER KOONCE is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 180428.
- Is HOMER KOONCE still producing?
- HOMER KOONCE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOMER KOONCE is August 2026.
- How much has HOMER KOONCE produced?
- HOMER KOONCE has reported 3,297,633 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2000 and August 2026, from 1 wellbore.
- How much is HOMER KOONCE worth?
- The remaining production from HOMER KOONCE is estimated to be worth about $193K in total as of 27 August 2026, within a range of $161K to $226K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOMER KOONCE is a fraction of it. The estimate fits an Arps decline curve to the production HOMER KOONCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOMER KOONCE is an estimate of value, not an offer and not an appraisal.
- How much income does HOMER KOONCE generate in a year?
- HOMER KOONCE is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOMER KOONCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ocean Energy, Inc. |
|---|---|
| Field | Nan-Su-Gail (Cotton Valley) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 180428 |
| Wellbores | 1 |
| Reported production | 3,297,633 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $193K |
Where HOMER KOONCE 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.