LANCASTER
LANCASTER is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Stroud Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 755,101 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 $46K, with roughly $10K 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 498 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 3,554 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 LANCASTER
- Who operates LANCASTER?
- LANCASTER is operated by Stroud Petroleum, Inc., Railroad Commission of Texas operator number 828082.
- Where is LANCASTER?
- LANCASTER is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 230119.
- Is LANCASTER still producing?
- LANCASTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANCASTER is August 2026.
- How much has LANCASTER produced?
- LANCASTER has reported 755,101 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2007 and August 2026, from 1 wellbore.
- How much is LANCASTER worth?
- The remaining production from LANCASTER is estimated to be worth about $46K in total as of 26 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANCASTER is a fraction of it. The estimate fits an Arps decline curve to the production LANCASTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANCASTER is an estimate of value, not an offer and not an appraisal.
- How much income does LANCASTER generate in a year?
- LANCASTER is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LANCASTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stroud Petroleum, Inc. |
|---|---|
| Field | Nan-Su-Gail (CV Consolidated) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 230119 |
| Wellbores | 1 |
| Reported production | 755,101 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where LANCASTER 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.