RED CREST TRUST
RED CREST TRUST is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Houston Exploration Company, The. It has 1 wellbore on file with the Commission. Reported production runs from July 2005 to August 2026, totalling 2,499,724 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 $253K, with roughly $39K 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 1,653 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 12,105 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 RED CREST TRUST
- Who operates RED CREST TRUST?
- RED CREST TRUST is operated by Houston Exploration Company, The, Railroad Commission of Texas operator number 402704.
- Where is RED CREST TRUST?
- RED CREST TRUST is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 213498.
- Is RED CREST TRUST still producing?
- RED CREST TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED CREST TRUST is August 2026.
- How much has RED CREST TRUST produced?
- RED CREST TRUST has reported 2,499,724 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2005 and August 2026, from 1 wellbore.
- How much is RED CREST TRUST worth?
- The remaining production from RED CREST TRUST is estimated to be worth about $253K in total as of 27 August 2026, within a range of $210K to $297K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED CREST TRUST is a fraction of it. The estimate fits an Arps decline curve to the production RED CREST TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED CREST TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does RED CREST TRUST generate in a year?
- RED CREST TRUST is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RED CREST TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Houston Exploration Company, The |
|---|---|
| Field | Roleta (Wilcox Consolidated) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 213498 |
| Wellbores | 1 |
| Reported production | 2,499,724 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $253K |
Where RED CREST TRUST 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.