LOCKE -A-
LOCKE -A- is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Pantera Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 111,942 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 $238K, with roughly $43K 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 931 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 3,474 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 LOCKE -A-
- Who operates LOCKE -A-?
- LOCKE -A- is operated by Pantera Energy Company, Railroad Commission of Texas operator number 638486.
- Where is LOCKE -A-?
- LOCKE -A- is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 287398.
- Is LOCKE -A- still producing?
- LOCKE -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKE -A- is August 2026.
- How much has LOCKE -A- produced?
- LOCKE -A- has reported 111,942 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2019 and August 2026, from 1 wellbore.
- How much is LOCKE -A- worth?
- The remaining production from LOCKE -A- is estimated to be worth about $238K in total as of 27 August 2026, within a range of $186K to $291K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKE -A- is a fraction of it. The estimate fits an Arps decline curve to the production LOCKE -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKE -A- is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKE -A- generate in a year?
- LOCKE -A- is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOCKE -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pantera Energy Company |
|---|---|
| Field | Quinduno (Albany Dolomite, Lo.) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 287398 |
| Wellbores | 1 |
| Reported production | 111,942 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $238K |
Where LOCKE -A- 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.