YOUNG 34
YOUNG 34 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 5,846,356 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 $413K, with roughly $99K 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 4,104 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 39,658 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 YOUNG 34
- Who operates YOUNG 34?
- YOUNG 34 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is YOUNG 34?
- YOUNG 34 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 265964.
- Is YOUNG 34 still producing?
- YOUNG 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for YOUNG 34 is August 2026.
- How much has YOUNG 34 produced?
- YOUNG 34 has reported 5,846,356 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is YOUNG 34 worth?
- The remaining production from YOUNG 34 is estimated to be worth about $413K in total as of 27 August 2026, within a range of $343K to $483K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in YOUNG 34 is a fraction of it. The estimate fits an Arps decline curve to the production YOUNG 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for YOUNG 34 is an estimate of value, not an offer and not an appraisal.
- How much income does YOUNG 34 generate in a year?
- YOUNG 34 is forecast to net about $99K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in YOUNG 34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 265964 |
| Wellbores | 1 |
| Reported production | 5,846,356 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $413K |
Where YOUNG 34 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.