HODGES FAMILY UNIT
HODGES FAMILY UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 1,046,439 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 $326K, with roughly $93K 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 4,374 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 24,850 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 HODGES FAMILY UNIT
- Who operates HODGES FAMILY UNIT?
- HODGES FAMILY UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is HODGES FAMILY UNIT?
- HODGES FAMILY UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 275026.
- Is HODGES FAMILY UNIT still producing?
- HODGES FAMILY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HODGES FAMILY UNIT is August 2026.
- How much has HODGES FAMILY UNIT produced?
- HODGES FAMILY UNIT has reported 1,046,439 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2014 and August 2026, from 1 wellbore.
- How much is HODGES FAMILY UNIT worth?
- The remaining production from HODGES FAMILY UNIT is estimated to be worth about $326K in total as of 27 August 2026, within a range of $271K to $382K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HODGES FAMILY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HODGES FAMILY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HODGES FAMILY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HODGES FAMILY UNIT generate in a year?
- HODGES FAMILY UNIT is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HODGES FAMILY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 275026 |
| Wellbores | 1 |
| Reported production | 1,046,439 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $326K |
Where HODGES FAMILY 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.