OSBORNE
OSBORNE is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1996 to August 2026, totalling 1,369,284 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 $74K, with roughly $11K 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 468 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 689 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 OSBORNE
- Who operates OSBORNE?
- OSBORNE is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is OSBORNE?
- OSBORNE is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 158587.
- Is OSBORNE still producing?
- OSBORNE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OSBORNE is August 2026.
- How much has OSBORNE produced?
- OSBORNE has reported 1,369,284 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1996 and August 2026, from 1 wellbore.
- How much is OSBORNE worth?
- The remaining production from OSBORNE is estimated to be worth about $74K in total as of 27 August 2026, within a range of $57K to $90K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OSBORNE is a fraction of it. The estimate fits an Arps decline curve to the production OSBORNE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OSBORNE is an estimate of value, not an offer and not an appraisal.
- How much income does OSBORNE generate in a year?
- OSBORNE is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OSBORNE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Texhoma (Morrow, Upper) |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 158587 |
| Wellbores | 1 |
| Reported production | 1,369,284 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $74K |
Where OSBORNE 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.