NOLAND UNIT
NOLAND UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2009 to August 2026, totalling 1,494,799 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 $1.1M, with roughly $208K 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 13,240 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 36,366 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 NOLAND UNIT
- Who operates NOLAND UNIT?
- NOLAND UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is NOLAND UNIT?
- NOLAND UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 254346.
- Is NOLAND UNIT still producing?
- NOLAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOLAND UNIT is August 2026.
- How much has NOLAND UNIT produced?
- NOLAND UNIT has reported 1,494,799 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2009 and August 2026, from 1 wellbore.
- How much is NOLAND UNIT worth?
- The remaining production from NOLAND UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $940K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOLAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NOLAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOLAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NOLAND UNIT generate in a year?
- NOLAND UNIT is forecast to net about $208K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NOLAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 254346 |
| Wellbores | 1 |
| Reported production | 1,494,799 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where NOLAND UNIT 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.