FLORENCE 23
FLORENCE 23 is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Staley Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 628,471 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 $527, with roughly $67 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 2 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 1,548 thousand cubic feet.
Key facts about FLORENCE 23
- Who operates FLORENCE 23?
- FLORENCE 23 is operated by Staley Operating Co., Railroad Commission of Texas operator number 811415.
- Where is FLORENCE 23?
- FLORENCE 23 is a Texas gas lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 098815.
- Is FLORENCE 23 still producing?
- FLORENCE 23 is shut in. The most recent month of production reported to the Railroad Commission of Texas for FLORENCE 23 is August 2026.
- How much has FLORENCE 23 produced?
- FLORENCE 23 has reported 628,471 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FLORENCE 23 worth?
- The remaining production from FLORENCE 23 is estimated to be worth about $527 in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLORENCE 23 is a fraction of it. The estimate fits an Arps decline curve to the production FLORENCE 23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLORENCE 23 is an estimate of value, not an offer and not an appraisal.
- How much income does FLORENCE 23 generate in a year?
- FLORENCE 23 is forecast to net about $67 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLORENCE 23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Staley Operating Co. |
|---|---|
| Field | Phyllis Sonora (Canyon Lower) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 098815 |
| Wellbores | 1 |
| Reported production | 628,471 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $527 |
Where FLORENCE 23 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.