OLAJUWON PICKENS
OLAJUWON PICKENS is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Comstock Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2025 to August 2026, totalling 8,906,292 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 $14.9M, with roughly $7.9M 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 663,294 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 823,789 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 OLAJUWON PICKENS
- Who operates OLAJUWON PICKENS?
- OLAJUWON PICKENS is operated by Comstock Oil & Gas, LLC, Railroad Commission of Texas operator number 170038.
- Where is OLAJUWON PICKENS?
- OLAJUWON PICKENS is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 299474.
- Is OLAJUWON PICKENS still producing?
- OLAJUWON PICKENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLAJUWON PICKENS is August 2026.
- How much has OLAJUWON PICKENS produced?
- OLAJUWON PICKENS has reported 8,906,292 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2025 and August 2026, from 1 wellbore.
- How much is OLAJUWON PICKENS worth?
- The remaining production from OLAJUWON PICKENS is estimated to be worth about $14.9M in total as of 27 August 2026, within a range of $12.2M to $17.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLAJUWON PICKENS is a fraction of it. The estimate fits an Arps decline curve to the production OLAJUWON PICKENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLAJUWON PICKENS is an estimate of value, not an offer and not an appraisal.
- How much income does OLAJUWON PICKENS generate in a year?
- OLAJUWON PICKENS is forecast to net about $7.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OLAJUWON PICKENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Comstock Oil & Gas, LLC |
|---|---|
| Field | Dowdy Ranch (Cotton Valley) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 299474 |
| Wellbores | 1 |
| Reported production | 8,906,292 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14.9M |
Where OLAJUWON PICKENS 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.