LIBB -A-
LIBB -A- is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 807,380 thousand cubic feet. The lease is shut in. 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 $21K, with roughly $3K 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 54 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 2,590 thousand cubic feet.
Key facts about LIBB -A-
- Who operates LIBB -A-?
- LIBB -A- is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is LIBB -A-?
- LIBB -A- is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 019019.
- Is LIBB -A- still producing?
- LIBB -A- is shut in. The most recent month of production reported to the Railroad Commission of Texas for LIBB -A- is August 2026.
- How much has LIBB -A- produced?
- LIBB -A- has reported 807,380 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LIBB -A- worth?
- The remaining production from LIBB -A- is estimated to be worth about $21K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIBB -A- is a fraction of it. The estimate fits an Arps decline curve to the production LIBB -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIBB -A- is an estimate of value, not an offer and not an appraisal.
- How much income does LIBB -A- generate in a year?
- LIBB -A- is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIBB -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Miers (Stray) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 019019 |
| Wellbores | 1 |
| Reported production | 807,380 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where LIBB -A- 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.