HOUSTON
HOUSTON is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 3,161,631 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 $290K, with roughly $62K 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 3,064 thousand cubic feet a month. Its strongest month on the record we hold was April 2019, at 10,471 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 HOUSTON
- Who operates HOUSTON?
- HOUSTON is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is HOUSTON?
- HOUSTON is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 264843.
- Is HOUSTON still producing?
- HOUSTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOUSTON is August 2026.
- How much has HOUSTON produced?
- HOUSTON has reported 3,161,631 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2012 and August 2026, from 1 wellbore.
- How much is HOUSTON worth?
- The remaining production from HOUSTON is estimated to be worth about $290K in total as of 27 August 2026, within a range of $241K to $340K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOUSTON is a fraction of it. The estimate fits an Arps decline curve to the production HOUSTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOUSTON is an estimate of value, not an offer and not an appraisal.
- How much income does HOUSTON generate in a year?
- HOUSTON is forecast to net about $62K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOUSTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 264843 |
| Wellbores | 1 |
| Reported production | 3,161,631 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $290K |
Where HOUSTON 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.