HARMONY OAKS UNIT
HARMONY OAKS UNIT is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Adexco Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 1,491,056 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 $732K, with roughly $111K 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 17,198 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 153,657 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HARMONY OAKS UNIT
- Who operates HARMONY OAKS UNIT?
- HARMONY OAKS UNIT is operated by Adexco Operating Company, Railroad Commission of Texas operator number 007894.
- Where is HARMONY OAKS UNIT?
- HARMONY OAKS UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 223425.
- Is HARMONY OAKS UNIT still producing?
- HARMONY OAKS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARMONY OAKS UNIT is August 2026.
- How much has HARMONY OAKS UNIT produced?
- HARMONY OAKS UNIT has reported 1,491,056 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is HARMONY OAKS UNIT worth?
- The remaining production from HARMONY OAKS UNIT is estimated to be worth about $732K in total as of 26 August 2026, within a range of $600K to $864K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARMONY OAKS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HARMONY OAKS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARMONY OAKS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HARMONY OAKS UNIT generate in a year?
- HARMONY OAKS UNIT is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARMONY OAKS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Adexco Operating Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 223425 |
| Wellbores | 1 |
| Reported production | 1,491,056 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $732K |
Where HARMONY OAKS 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.