DIXON
DIXON is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Noble Energy Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 710,297 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 $119K, with roughly $19K 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 721 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 3,410 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 DIXON
- Who operates DIXON?
- DIXON is operated by Noble Energy Production, Inc., Railroad Commission of Texas operator number 611669.
- Where is DIXON?
- DIXON is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 228049.
- Is DIXON still producing?
- DIXON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIXON is August 2026.
- How much has DIXON produced?
- DIXON has reported 710,297 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is DIXON worth?
- The remaining production from DIXON is estimated to be worth about $119K in total as of 26 August 2026, within a range of $93K to $145K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIXON is a fraction of it. The estimate fits an Arps decline curve to the production DIXON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIXON is an estimate of value, not an offer and not an appraisal.
- How much income does DIXON generate in a year?
- DIXON is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIXON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Production, Inc. |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 228049 |
| Wellbores | 1 |
| Reported production | 710,297 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $119K |
Where DIXON 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.