LOCKHART -33-
LOCKHART -33- is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Cabot Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 758,768 thousand cubic feet. The lease is shut in. 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 $7K, with roughly $877 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 18 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 993 thousand cubic feet.
Key facts about LOCKHART -33-
- Who operates LOCKHART -33-?
- LOCKHART -33- is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is LOCKHART -33-?
- LOCKHART -33- is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 097687.
- Is LOCKHART -33- still producing?
- LOCKHART -33- is shut in. The most recent month of production reported to the Railroad Commission of Texas for LOCKHART -33- is August 2026.
- How much has LOCKHART -33- produced?
- LOCKHART -33- has reported 758,768 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LOCKHART -33- worth?
- The remaining production from LOCKHART -33- is estimated to be worth about $7K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKHART -33- is a fraction of it. The estimate fits an Arps decline curve to the production LOCKHART -33- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKHART -33- is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKHART -33- generate in a year?
- LOCKHART -33- is forecast to net about $877 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOCKHART -33- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cabot Oil & Gas Corporation |
|---|---|
| Field | Coburn Lower (Lower Morrow) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 097687 |
| Wellbores | 1 |
| Reported production | 758,768 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where LOCKHART -33- 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.