OB
OB is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 13,241,670 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 $4.9M, with roughly $1.0M 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 54,328 thousand cubic feet a month. Its strongest month on the record we hold was January 2021, at 690,926 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 OB
- Who operates OB?
- OB is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is OB?
- OB is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 289473.
- Is OB still producing?
- OB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OB is August 2026.
- How much has OB produced?
- OB has reported 13,241,670 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2020 and August 2026, from 1 wellbore.
- How much is OB worth?
- The remaining production from OB is estimated to be worth about $4.9M in total as of 27 August 2026, within a range of $4.0M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OB is a fraction of it. The estimate fits an Arps decline curve to the production OB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OB is an estimate of value, not an offer and not an appraisal.
- How much income does OB generate in a year?
- OB is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OB 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 | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 289473 |
| Wellbores | 1 |
| Reported production | 13,241,670 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where OB 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.