RED RIVER 877
RED RIVER 877 is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Common Resources L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 1,777,833 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 $31K, 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 642 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,564 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 RED RIVER 877
- Who operates RED RIVER 877?
- RED RIVER 877 is operated by Common Resources L.L.C., Railroad Commission of Texas operator number 169727.
- Where is RED RIVER 877?
- RED RIVER 877 is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 246292.
- Is RED RIVER 877 still producing?
- RED RIVER 877 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED RIVER 877 is August 2026.
- How much has RED RIVER 877 produced?
- RED RIVER 877 has reported 1,777,833 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is RED RIVER 877 worth?
- The remaining production from RED RIVER 877 is estimated to be worth about $31K in total as of 26 August 2026, within a range of $24K to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED RIVER 877 is a fraction of it. The estimate fits an Arps decline curve to the production RED RIVER 877 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED RIVER 877 is an estimate of value, not an offer and not an appraisal.
- How much income does RED RIVER 877 generate in a year?
- RED RIVER 877 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 RED RIVER 877 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Common Resources L.L.C. |
|---|---|
| Field | Bossierville (Bossier Shale) |
| County | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 246292 |
| Wellbores | 1 |
| Reported production | 1,777,833 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where RED RIVER 877 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.