PEASE, H.
PEASE, H. is a Texas gas lease in Eastland County, Railroad Commission district 7B, operated by Stephens & Johnson Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from December 1994 to August 2026, totalling 935,257 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 $60K, 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 494 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,035 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 PEASE, H.
- Who operates PEASE, H.?
- PEASE, H. is operated by Stephens & Johnson Operating Co., Railroad Commission of Texas operator number 817555.
- Where is PEASE, H.?
- PEASE, H. is a Texas gas lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 152316.
- Is PEASE, H. still producing?
- PEASE, H. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEASE, H. is August 2026.
- How much has PEASE, H. produced?
- PEASE, H. has reported 935,257 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1994 and August 2026, from 1 wellbore.
- How much is PEASE, H. worth?
- The remaining production from PEASE, H. is estimated to be worth about $60K in total as of 26 August 2026, within a range of $47K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEASE, H. is a fraction of it. The estimate fits an Arps decline curve to the production PEASE, H. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEASE, H. is an estimate of value, not an offer and not an appraisal.
- How much income does PEASE, H. generate in a year?
- PEASE, H. 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 PEASE, H. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens & Johnson Operating Co. |
|---|---|
| Field | Gailey-Allen (Marble Falls) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 152316 |
| Wellbores | 1 |
| Reported production | 935,257 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where PEASE, H. 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.