AIRPORT
AIRPORT is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Upham, Chester R., JR. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 113,223 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 $65K, with roughly $10K 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 480 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 1,073 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 AIRPORT
- Who operates AIRPORT?
- AIRPORT is operated by Upham, Chester R., JR., Railroad Commission of Texas operator number 878530.
- Where is AIRPORT?
- AIRPORT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 111206.
- Is AIRPORT still producing?
- AIRPORT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AIRPORT is August 2026.
- How much has AIRPORT produced?
- AIRPORT has reported 113,223 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is AIRPORT worth?
- The remaining production from AIRPORT is estimated to be worth about $65K in total as of 27 August 2026, within a range of $51K to $80K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AIRPORT is a fraction of it. The estimate fits an Arps decline curve to the production AIRPORT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AIRPORT is an estimate of value, not an offer and not an appraisal.
- How much income does AIRPORT generate in a year?
- AIRPORT is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AIRPORT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upham, Chester R., JR. |
|---|---|
| Field | Ittleson (4300) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 111206 |
| Wellbores | 1 |
| Reported production | 113,223 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $65K |
Where AIRPORT 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.