STARNES
STARNES is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Tejas Western Corp. It has 1 wellbore on file with the Commission. Reported production runs from July 1997 to August 2026, totalling 258,694 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 $160K, with roughly $27K 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 1,087 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 2,663 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 STARNES
- Who operates STARNES?
- STARNES is operated by Tejas Western Corp., Railroad Commission of Texas operator number 841335.
- Where is STARNES?
- STARNES is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 164855.
- Is STARNES still producing?
- STARNES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STARNES is August 2026.
- How much has STARNES produced?
- STARNES has reported 258,694 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1997 and August 2026, from 1 wellbore.
- How much is STARNES worth?
- The remaining production from STARNES is estimated to be worth about $160K in total as of 26 August 2026, within a range of $133K to $187K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STARNES is a fraction of it. The estimate fits an Arps decline curve to the production STARNES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STARNES is an estimate of value, not an offer and not an appraisal.
- How much income does STARNES generate in a year?
- STARNES is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STARNES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tejas Western Corp. |
|---|---|
| Field | Palo Pinto Co. Reg. (Gas) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 164855 |
| Wellbores | 1 |
| Reported production | 258,694 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $160K |
Where STARNES 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.