VARDEMAN UNIT
VARDEMAN UNIT is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Titan Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 1,388,944 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 $352K, with roughly $72K 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 3,288 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 8,446 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 VARDEMAN UNIT
- Who operates VARDEMAN UNIT?
- VARDEMAN UNIT is operated by Titan Operating, LLC, Railroad Commission of Texas operator number 860832.
- Where is VARDEMAN UNIT?
- VARDEMAN UNIT is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259545.
- Is VARDEMAN UNIT still producing?
- VARDEMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VARDEMAN UNIT is August 2026.
- How much has VARDEMAN UNIT produced?
- VARDEMAN UNIT has reported 1,388,944 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is VARDEMAN UNIT worth?
- The remaining production from VARDEMAN UNIT is estimated to be worth about $352K in total as of 26 August 2026, within a range of $292K to $411K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VARDEMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production VARDEMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VARDEMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does VARDEMAN UNIT generate in a year?
- VARDEMAN UNIT is forecast to net about $72K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VARDEMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Titan Operating, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 259545 |
| Wellbores | 1 |
| Reported production | 1,388,944 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $352K |
Where VARDEMAN 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.