BORDERS Q
BORDERS Q is a Texas gas lease in San Augustine County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 3,339,432 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 $250K, with roughly $42K 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 1,926 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 8,356 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 BORDERS Q
- Who operates BORDERS Q?
- BORDERS Q is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is BORDERS Q?
- BORDERS Q is a Texas gas lease in San Augustine County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 261377.
- Is BORDERS Q still producing?
- BORDERS Q is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BORDERS Q is August 2026.
- How much has BORDERS Q produced?
- BORDERS Q has reported 3,339,432 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is BORDERS Q worth?
- The remaining production from BORDERS Q is estimated to be worth about $250K in total as of 27 August 2026, within a range of $207K to $292K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BORDERS Q is a fraction of it. The estimate fits an Arps decline curve to the production BORDERS Q has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BORDERS Q is an estimate of value, not an offer and not an appraisal.
- How much income does BORDERS Q generate in a year?
- BORDERS Q is forecast to net about $42K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BORDERS Q receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | San Augustine County, Texas |
| RRC district | 06 |
| Lease number | 261377 |
| Wellbores | 1 |
| Reported production | 3,339,432 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $250K |
Where BORDERS Q 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.