LANGFORD, G. R.
LANGFORD, G. R. is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Miller, Bob I. It has 1 wellbore on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 61,561 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 $6K, with roughly $794 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 71 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 487 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LANGFORD, G. R.
- Who operates LANGFORD, G. R.?
- LANGFORD, G. R. is operated by Miller, Bob I., Railroad Commission of Texas operator number 567640.
- Where is LANGFORD, G. R.?
- LANGFORD, G. R. is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 185432.
- Is LANGFORD, G. R. still producing?
- LANGFORD, G. R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANGFORD, G. R. is August 2026.
- How much has LANGFORD, G. R. produced?
- LANGFORD, G. R. has reported 61,561 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2001 and August 2026, from 1 wellbore.
- How much is LANGFORD, G. R. worth?
- The remaining production from LANGFORD, G. R. is estimated to be worth about $6K in total as of 26 August 2026, within a range of $3K to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANGFORD, G. R. is a fraction of it. The estimate fits an Arps decline curve to the production LANGFORD, G. R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANGFORD, G. R. is an estimate of value, not an offer and not an appraisal.
- How much income does LANGFORD, G. R. generate in a year?
- LANGFORD, G. R. is forecast to net about $794 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LANGFORD, G. R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miller, Bob I. |
|---|---|
| Field | Wayland, Se (Duffer Lime) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 185432 |
| Wellbores | 1 |
| Reported production | 61,561 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where LANGFORD, G. R. 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.