OSBURN
OSBURN is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 928,123 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 $282K, with roughly $47K 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 2,102 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 3,353 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 OSBURN
- Who operates OSBURN?
- OSBURN is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is OSBURN?
- OSBURN is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 239343.
- Is OSBURN still producing?
- OSBURN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OSBURN is August 2026.
- How much has OSBURN produced?
- OSBURN has reported 928,123 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is OSBURN worth?
- The remaining production from OSBURN is estimated to be worth about $282K in total as of 26 August 2026, within a range of $234K to $330K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OSBURN is a fraction of it. The estimate fits an Arps decline curve to the production OSBURN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OSBURN is an estimate of value, not an offer and not an appraisal.
- How much income does OSBURN generate in a year?
- OSBURN is forecast to net about $47K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OSBURN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 239343 |
| Wellbores | 1 |
| Reported production | 928,123 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $282K |
Where OSBURN 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.