STONE 'B'
STONE 'B' is a Texas gas lease in Liberty County, Railroad Commission district 03, operated by Ballard Exploration Company,Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 13,938,052 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 $4.5M, 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 37,560 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 106,255 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 STONE 'B'
- Who operates STONE 'B'?
- STONE 'B' is operated by Ballard Exploration Company,Inc., Railroad Commission of Texas operator number 048169.
- Where is STONE 'B'?
- STONE 'B' is a Texas gas lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 262652.
- Is STONE 'B' still producing?
- STONE 'B' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STONE 'B' is August 2026.
- How much has STONE 'B' produced?
- STONE 'B' has reported 13,938,052 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2011 and August 2026, from 1 wellbore.
- How much is STONE 'B' worth?
- The remaining production from STONE 'B' is estimated to be worth about $4.5M in total as of 27 August 2026, within a range of $3.7M to $5.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STONE 'B' is a fraction of it. The estimate fits an Arps decline curve to the production STONE 'B' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STONE 'B' is an estimate of value, not an offer and not an appraisal.
- How much income does STONE 'B' generate in a year?
- STONE 'B' is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STONE 'B' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ballard Exploration Company,Inc. |
|---|---|
| Field | Cypress Pond (Upper Cook MTN) |
| County | Liberty County, Texas |
| RRC district | 03 |
| Lease number | 262652 |
| Wellbores | 1 |
| Reported production | 13,938,052 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where STONE 'B' 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.