HALFORD UNIT

HALFORD UNIT is a Texas gas lease in Hood County, Railroad Commission district 09, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 1,337,780 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 $463K, with roughly $70K 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 2,944 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,223 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 HALFORD UNIT

Who operates HALFORD UNIT?
HALFORD UNIT is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
Where is HALFORD UNIT?
HALFORD UNIT is a Texas gas lease in Hood County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 249800.
Is HALFORD UNIT still producing?
HALFORD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALFORD UNIT is August 2026.
How much has HALFORD UNIT produced?
HALFORD UNIT has reported 1,337,780 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
How much is HALFORD UNIT worth?
The remaining production from HALFORD UNIT is estimated to be worth about $463K in total as of 27 August 2026, within a range of $385K to $542K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALFORD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HALFORD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALFORD UNIT is an estimate of value, not an offer and not an appraisal.
How much income does HALFORD UNIT generate in a year?
HALFORD UNIT is forecast to net about $70K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HALFORD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HALFORD UNIT as filed with the Railroad Commission of Texas
OperatorRange Production Company
FieldNewark, East (Barnett Shale)
CountyHood County, Texas
RRC district09
Lease number249800
Wellbores1
Reported production1,337,780 mcf
First reported
Last reported
Estimated royalty value$463K

Where HALFORD UNIT 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.