LONG, BERNICE
LONG, BERNICE is a Texas gas lease in Young County, Railroad Commission district 09, operated by Itx Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 156,924 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 $39K, with roughly $7K 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 296 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 6,322 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 LONG, BERNICE
- Who operates LONG, BERNICE?
- LONG, BERNICE is operated by Itx Corporation, Railroad Commission of Texas operator number 427179.
- Where is LONG, BERNICE?
- LONG, BERNICE is a Texas gas lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 282161.
- Is LONG, BERNICE still producing?
- LONG, BERNICE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONG, BERNICE is August 2026.
- How much has LONG, BERNICE produced?
- LONG, BERNICE has reported 156,924 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2016 and August 2026, from 1 wellbore.
- How much is LONG, BERNICE worth?
- The remaining production from LONG, BERNICE is estimated to be worth about $39K in total as of 26 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONG, BERNICE is a fraction of it. The estimate fits an Arps decline curve to the production LONG, BERNICE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONG, BERNICE is an estimate of value, not an offer and not an appraisal.
- How much income does LONG, BERNICE generate in a year?
- LONG, BERNICE is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONG, BERNICE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Itx Corporation |
|---|---|
| Field | Frank (4200) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 282161 |
| Wellbores | 1 |
| Reported production | 156,924 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where LONG, BERNICE 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.