FORSYTHE SPEER
FORSYTHE SPEER is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 1,053,237 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 $455K, with roughly $74K 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 1,632 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 8,712 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 FORSYTHE SPEER
- Who operates FORSYTHE SPEER?
- FORSYTHE SPEER is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is FORSYTHE SPEER?
- FORSYTHE SPEER is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 264312.
- Is FORSYTHE SPEER still producing?
- FORSYTHE SPEER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORSYTHE SPEER is August 2026.
- How much has FORSYTHE SPEER produced?
- FORSYTHE SPEER has reported 1,053,237 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2011 and August 2026, from 1 wellbore.
- How much is FORSYTHE SPEER worth?
- The remaining production from FORSYTHE SPEER is estimated to be worth about $455K in total as of 27 August 2026, within a range of $378K to $532K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORSYTHE SPEER is a fraction of it. The estimate fits an Arps decline curve to the production FORSYTHE SPEER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORSYTHE SPEER is an estimate of value, not an offer and not an appraisal.
- How much income does FORSYTHE SPEER generate in a year?
- FORSYTHE SPEER is forecast to net about $74K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FORSYTHE SPEER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 264312 |
| Wellbores | 1 |
| Reported production | 1,053,237 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $455K |
Where FORSYTHE SPEER 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.