GLADYS DIKE (SA)
GLADYS DIKE (SA) 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 June 2013 to August 2026, totalling 2,982,869 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 $101K, with roughly $49K 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 3,876 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 25,545 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 (SA)
- Who operates GLADYS DIKE (SA)?
- GLADYS DIKE (SA) is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is GLADYS DIKE (SA)?
- GLADYS DIKE (SA) is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 270419.
- Is GLADYS DIKE (SA) still producing?
- GLADYS DIKE (SA) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLADYS DIKE (SA) is August 2026.
- How much has GLADYS DIKE (SA) produced?
- GLADYS DIKE (SA) has reported 2,982,869 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2013 and August 2026, from 1 wellbore.
- How much is GLADYS DIKE (SA) worth?
- The remaining production from GLADYS DIKE (SA) is estimated to be worth about $101K in total as of 26 August 2026, within a range of $84K to $118K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLADYS DIKE (SA) is a fraction of it. The estimate fits an Arps decline curve to the production GLADYS DIKE (SA) 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 (SA) is an estimate of value, not an offer and not an appraisal.
- How much income does GLADYS DIKE (SA) generate in a year?
- GLADYS DIKE (SA) is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLADYS DIKE (SA) 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 | 270419 |
| Wellbores | 1 |
| Reported production | 2,982,869 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $101K |
Where GLADYS DIKE (SA) 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.