HAND, MAIREAD
HAND, MAIREAD 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 August 2010 to August 2026, totalling 1,968,705 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 $784K, with roughly $148K 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 6,754 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 13,768 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 HAND, MAIREAD
- Who operates HAND, MAIREAD?
- HAND, MAIREAD is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is HAND, MAIREAD?
- HAND, MAIREAD is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 258186.
- Is HAND, MAIREAD still producing?
- HAND, MAIREAD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAND, MAIREAD is August 2026.
- How much has HAND, MAIREAD produced?
- HAND, MAIREAD has reported 1,968,705 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is HAND, MAIREAD worth?
- The remaining production from HAND, MAIREAD is estimated to be worth about $784K in total as of 26 August 2026, within a range of $651K to $918K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAND, MAIREAD is a fraction of it. The estimate fits an Arps decline curve to the production HAND, MAIREAD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAND, MAIREAD is an estimate of value, not an offer and not an appraisal.
- How much income does HAND, MAIREAD generate in a year?
- HAND, MAIREAD is forecast to net about $148K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAND, MAIREAD 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 | 258186 |
| Wellbores | 1 |
| Reported production | 1,968,705 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $784K |
Where HAND, MAIREAD 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.