IRVINE
IRVINE is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Crown Equipment Co. It has 1 wellbore on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 1,031,801 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 $496K, with roughly $75K 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 3,322 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 6,230 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 IRVINE
- Who operates IRVINE?
- IRVINE is operated by Crown Equipment Co., Railroad Commission of Texas operator number 191534.
- Where is IRVINE?
- IRVINE is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 237415.
- Is IRVINE still producing?
- IRVINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRVINE is August 2026.
- How much has IRVINE produced?
- IRVINE has reported 1,031,801 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is IRVINE worth?
- The remaining production from IRVINE is estimated to be worth about $496K in total as of 27 August 2026, within a range of $412K to $580K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRVINE is a fraction of it. The estimate fits an Arps decline curve to the production IRVINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRVINE is an estimate of value, not an offer and not an appraisal.
- How much income does IRVINE generate in a year?
- IRVINE is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IRVINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crown Equipment Co. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 237415 |
| Wellbores | 1 |
| Reported production | 1,031,801 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $496K |
Where IRVINE 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.