LAIRD "C"
LAIRD "C" is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from September 1998 to August 2026, totalling 795,725 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 $202K, with roughly $32K 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 1,265 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 3,448 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 LAIRD "C"
- Who operates LAIRD "C"?
- LAIRD "C" is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is LAIRD "C"?
- LAIRD "C" is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 170523.
- Is LAIRD "C" still producing?
- LAIRD "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAIRD "C" is August 2026.
- How much has LAIRD "C" produced?
- LAIRD "C" has reported 795,725 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1998 and August 2026, from 1 wellbore.
- How much is LAIRD "C" worth?
- The remaining production from LAIRD "C" is estimated to be worth about $202K in total as of 26 August 2026, within a range of $168K to $236K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAIRD "C" is a fraction of it. The estimate fits an Arps decline curve to the production LAIRD "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAIRD "C" is an estimate of value, not an offer and not an appraisal.
- How much income does LAIRD "C" generate in a year?
- LAIRD "C" is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAIRD "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 170523 |
| Wellbores | 1 |
| Reported production | 795,725 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $202K |
Where LAIRD "C" 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.