SPRINGER
SPRINGER is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by Pursuit Oil & Gas STX, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 5,625,326 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 $4.8M, with roughly $1.0M 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 54,138 thousand cubic feet a month. Its strongest month on the record we hold was November 2022, at 387,099 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 SPRINGER
- Who operates SPRINGER?
- SPRINGER is operated by Pursuit Oil & Gas STX, LLC, Railroad Commission of Texas operator number 683407.
- Where is SPRINGER?
- SPRINGER is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 294126.
- Is SPRINGER still producing?
- SPRINGER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPRINGER is August 2026.
- How much has SPRINGER produced?
- SPRINGER has reported 5,625,326 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is SPRINGER worth?
- The remaining production from SPRINGER is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $3.9M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPRINGER is a fraction of it. The estimate fits an Arps decline curve to the production SPRINGER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPRINGER is an estimate of value, not an offer and not an appraisal.
- How much income does SPRINGER generate in a year?
- SPRINGER is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPRINGER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pursuit Oil & Gas STX, LLC |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 294126 |
| Wellbores | 1 |
| Reported production | 5,625,326 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where SPRINGER 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.