GLADYS DIKE
GLADYS DIKE is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 2,564,747 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 $939K, with roughly $150K 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 6,525 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 19,666 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 GLADYS DIKE
- Who operates GLADYS DIKE?
- GLADYS DIKE is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is GLADYS DIKE?
- GLADYS DIKE is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 269572.
- Is GLADYS DIKE still producing?
- GLADYS DIKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLADYS DIKE is August 2026.
- How much has GLADYS DIKE produced?
- GLADYS DIKE has reported 2,564,747 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2013 and August 2026, from 1 wellbore.
- How much is GLADYS DIKE worth?
- The remaining production from GLADYS DIKE is estimated to be worth about $939K in total as of 26 August 2026, within a range of $780K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLADYS DIKE is a fraction of it. The estimate fits an Arps decline curve to the production GLADYS DIKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLADYS DIKE is an estimate of value, not an offer and not an appraisal.
- How much income does GLADYS DIKE generate in a year?
- GLADYS DIKE is forecast to net about $150K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLADYS DIKE 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 | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 269572 |
| Wellbores | 1 |
| Reported production | 2,564,747 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $939K |
Where GLADYS DIKE 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.