GORMAN, J. M. "A" 123
GORMAN, J. M. "A" 123 is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 483,508 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 $169K, with roughly $27K 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 1,136 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 1,834 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 GORMAN, J. M. "A" 123
- Who operates GORMAN, J. M. "A" 123?
- GORMAN, J. M. "A" 123 is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is GORMAN, J. M. "A" 123?
- GORMAN, J. M. "A" 123 is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 227051.
- Is GORMAN, J. M. "A" 123 still producing?
- GORMAN, J. M. "A" 123 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GORMAN, J. M. "A" 123 is August 2026.
- How much has GORMAN, J. M. "A" 123 produced?
- GORMAN, J. M. "A" 123 has reported 483,508 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is GORMAN, J. M. "A" 123 worth?
- The remaining production from GORMAN, J. M. "A" 123 is estimated to be worth about $169K in total as of 27 August 2026, within a range of $141K to $198K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GORMAN, J. M. "A" 123 is a fraction of it. The estimate fits an Arps decline curve to the production GORMAN, J. M. "A" 123 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GORMAN, J. M. "A" 123 is an estimate of value, not an offer and not an appraisal.
- How much income does GORMAN, J. M. "A" 123 generate in a year?
- GORMAN, J. M. "A" 123 is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GORMAN, J. M. "A" 123 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 227051 |
| Wellbores | 1 |
| Reported production | 483,508 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $169K |
Where GORMAN, J. M. "A" 123 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.