WALKER
WALKER is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 749,017 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 $329K, with roughly $87K 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 1,800 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 31,920 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 WALKER
- Who operates WALKER?
- WALKER is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is WALKER?
- WALKER is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 280716.
- Is WALKER still producing?
- WALKER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALKER is August 2026.
- How much has WALKER produced?
- WALKER has reported 749,017 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is WALKER worth?
- The remaining production from WALKER is estimated to be worth about $329K in total as of 27 August 2026, within a range of $273K to $385K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALKER is a fraction of it. The estimate fits an Arps decline curve to the production WALKER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALKER is an estimate of value, not an offer and not an appraisal.
- How much income does WALKER generate in a year?
- WALKER is forecast to net about $87K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WALKER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Hemphill (Douglas) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 280716 |
| Wellbores | 1 |
| Reported production | 749,017 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $329K |
Where WALKER 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.