DECLEVA UNIT
DECLEVA UNIT is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Burnett Oil Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 4,940,467 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 $1.0M, with roughly $158K 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 7,218 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 11,974 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 DECLEVA UNIT
- Who operates DECLEVA UNIT?
- DECLEVA UNIT is operated by Burnett Oil Co., Inc., Railroad Commission of Texas operator number 110016.
- Where is DECLEVA UNIT?
- DECLEVA UNIT is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 231528.
- Is DECLEVA UNIT still producing?
- DECLEVA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DECLEVA UNIT is August 2026.
- How much has DECLEVA UNIT produced?
- DECLEVA UNIT has reported 4,940,467 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is DECLEVA UNIT worth?
- The remaining production from DECLEVA UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $869K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DECLEVA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DECLEVA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DECLEVA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DECLEVA UNIT generate in a year?
- DECLEVA UNIT is forecast to net about $158K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DECLEVA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burnett Oil Co., Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 231528 |
| Wellbores | 1 |
| Reported production | 4,940,467 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where DECLEVA 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.