OATES, JAMES
OATES, JAMES is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by CH4 Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 303,624 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 $26K, with roughly $8K 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 361 thousand cubic feet a month. Its strongest month on the record we hold was February 2025, at 928 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 OATES, JAMES
- Who operates OATES, JAMES?
- OATES, JAMES is operated by CH4 Energy, LLC, Railroad Commission of Texas operator number 142211.
- Where is OATES, JAMES?
- OATES, JAMES is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 204036.
- Is OATES, JAMES still producing?
- OATES, JAMES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OATES, JAMES is August 2026.
- How much has OATES, JAMES produced?
- OATES, JAMES has reported 303,624 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2004 and August 2026, from 1 wellbore.
- How much is OATES, JAMES worth?
- The remaining production from OATES, JAMES is estimated to be worth about $26K in total as of 26 August 2026, within a range of $20K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OATES, JAMES is a fraction of it. The estimate fits an Arps decline curve to the production OATES, JAMES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OATES, JAMES is an estimate of value, not an offer and not an appraisal.
- How much income does OATES, JAMES generate in a year?
- OATES, JAMES is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OATES, JAMES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CH4 Energy, LLC |
|---|---|
| Field | Oletha (Travis Peak) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 204036 |
| Wellbores | 1 |
| Reported production | 303,624 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where OATES, JAMES 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.