DIAL
DIAL is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 85,454 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 $295K, with roughly $48K 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 1,965 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 2,364 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 DIAL
- Who operates DIAL?
- DIAL is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is DIAL?
- DIAL is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 294367.
- Is DIAL still producing?
- DIAL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIAL is August 2026.
- How much has DIAL produced?
- DIAL has reported 85,454 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is DIAL worth?
- The remaining production from DIAL is estimated to be worth about $295K in total as of 26 August 2026, within a range of $245K to $346K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIAL is a fraction of it. The estimate fits an Arps decline curve to the production DIAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIAL is an estimate of value, not an offer and not an appraisal.
- How much income does DIAL generate in a year?
- DIAL is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Farnsworth, East (Oswego) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 294367 |
| Wellbores | 1 |
| Reported production | 85,454 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $295K |
Where DIAL 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.