WASHBURN, J. C. G. U. #1
WASHBURN, J. C. G. U. #1 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Comstock Oil & Gas, LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 305,048 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 $17K, 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 169 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,670 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 WASHBURN, J. C. G. U. #1
- Who operates WASHBURN, J. C. G. U. #1?
- WASHBURN, J. C. G. U. #1 is operated by Comstock Oil & Gas, LP, Railroad Commission of Texas operator number 170040.
- Where is WASHBURN, J. C. G. U. #1?
- WASHBURN, J. C. G. U. #1 is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 232052.
- Is WASHBURN, J. C. G. U. #1 still producing?
- WASHBURN, J. C. G. U. #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WASHBURN, J. C. G. U. #1 is August 2026.
- How much has WASHBURN, J. C. G. U. #1 produced?
- WASHBURN, J. C. G. U. #1 has reported 305,048 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2007 and August 2026, from 1 wellbore.
- How much is WASHBURN, J. C. G. U. #1 worth?
- The remaining production from WASHBURN, J. C. G. U. #1 is estimated to be worth about $17K in total as of 27 August 2026, within a range of $13K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WASHBURN, J. C. G. U. #1 is a fraction of it. The estimate fits an Arps decline curve to the production WASHBURN, J. C. G. U. #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WASHBURN, J. C. G. U. #1 is an estimate of value, not an offer and not an appraisal.
- How much income does WASHBURN, J. C. G. U. #1 generate in a year?
- WASHBURN, J. C. G. U. #1 is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WASHBURN, J. C. G. U. #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Comstock Oil & Gas, LP |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 232052 |
| Wellbores | 1 |
| Reported production | 305,048 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where WASHBURN, J. C. G. U. #1 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.