DURHAM UNIT
DURHAM UNIT is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Citation Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 603,604 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 $3K, with roughly $2K 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 337 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 3,128 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 DURHAM UNIT
- Who operates DURHAM UNIT?
- DURHAM UNIT is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
- Where is DURHAM UNIT?
- DURHAM UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 080928.
- Is DURHAM UNIT still producing?
- DURHAM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DURHAM UNIT is August 2026.
- How much has DURHAM UNIT produced?
- DURHAM UNIT has reported 603,604 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DURHAM UNIT worth?
- The remaining production from DURHAM UNIT is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DURHAM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DURHAM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DURHAM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DURHAM UNIT generate in a year?
- DURHAM UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DURHAM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Citation Oil & Gas Corp. |
|---|---|
| Field | Toto (Bend Congl., Lower) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 080928 |
| Wellbores | 1 |
| Reported production | 603,604 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where DURHAM UNIT 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.