WHITEHEAD, INEZ
WHITEHEAD, INEZ 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 October 2005 to August 2026, totalling 448,769 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 $4K, with roughly $561 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 22 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,889 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WHITEHEAD, INEZ
- Who operates WHITEHEAD, INEZ?
- WHITEHEAD, INEZ is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is WHITEHEAD, INEZ?
- WHITEHEAD, INEZ is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 214612.
- Is WHITEHEAD, INEZ still producing?
- WHITEHEAD, INEZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHITEHEAD, INEZ is August 2026.
- How much has WHITEHEAD, INEZ produced?
- WHITEHEAD, INEZ has reported 448,769 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is WHITEHEAD, INEZ worth?
- The remaining production from WHITEHEAD, INEZ is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHITEHEAD, INEZ is a fraction of it. The estimate fits an Arps decline curve to the production WHITEHEAD, INEZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHITEHEAD, INEZ is an estimate of value, not an offer and not an appraisal.
- How much income does WHITEHEAD, INEZ generate in a year?
- WHITEHEAD, INEZ is forecast to net about $561 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHITEHEAD, INEZ 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 | 214612 |
| Wellbores | 1 |
| Reported production | 448,769 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where WHITEHEAD, INEZ 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.