GAFFORD "A"
GAFFORD "A" is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Dallas Royalty, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,050,736 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 $106K, with roughly $16K 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 684 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 2,351 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 GAFFORD "A"
- Who operates GAFFORD "A"?
- GAFFORD "A" is operated by Dallas Royalty, Inc., Railroad Commission of Texas operator number 197843.
- Where is GAFFORD "A"?
- GAFFORD "A" is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 120059.
- Is GAFFORD "A" still producing?
- GAFFORD "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAFFORD "A" is August 2026.
- How much has GAFFORD "A" produced?
- GAFFORD "A" has reported 1,050,736 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GAFFORD "A" worth?
- The remaining production from GAFFORD "A" is estimated to be worth about $106K in total as of 26 August 2026, within a range of $83K to $130K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAFFORD "A" is a fraction of it. The estimate fits an Arps decline curve to the production GAFFORD "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAFFORD "A" is an estimate of value, not an offer and not an appraisal.
- How much income does GAFFORD "A" generate in a year?
- GAFFORD "A" is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GAFFORD "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dallas Royalty, Inc. |
|---|---|
| Field | Dees (Atoka Conglomerate) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 120059 |
| Wellbores | 1 |
| Reported production | 1,050,736 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $106K |
Where GAFFORD "A" 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.