NIVENS
NIVENS 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 September 2012 to August 2026, totalling 980,024 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 $336K, with roughly $62K 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 3,134 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 9,287 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 NIVENS
- Who operates NIVENS?
- NIVENS is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is NIVENS?
- NIVENS is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 268088.
- Is NIVENS still producing?
- NIVENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIVENS is August 2026.
- How much has NIVENS produced?
- NIVENS has reported 980,024 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is NIVENS worth?
- The remaining production from NIVENS is estimated to be worth about $336K in total as of 26 August 2026, within a range of $279K to $394K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIVENS is a fraction of it. The estimate fits an Arps decline curve to the production NIVENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIVENS is an estimate of value, not an offer and not an appraisal.
- How much income does NIVENS generate in a year?
- NIVENS is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIVENS 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 | 268088 |
| Wellbores | 1 |
| Reported production | 980,024 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $336K |
Where NIVENS 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.