FLORENCE 32
FLORENCE 32 is a Texas gas lease in Sutton 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 347,582 thousand cubic feet. The lease is intermittent. 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 $32K, with roughly $4K 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 243 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 862 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 FLORENCE 32
- Who operates FLORENCE 32?
- FLORENCE 32 is operated by Staley Operating Co., Railroad Commission of Texas operator number 811415.
- Where is FLORENCE 32?
- FLORENCE 32 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 099877.
- Is FLORENCE 32 still producing?
- FLORENCE 32 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FLORENCE 32 is August 2026.
- How much has FLORENCE 32 produced?
- FLORENCE 32 has reported 347,582 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 32 worth?
- The remaining production from FLORENCE 32 is estimated to be worth about $32K in total as of 26 August 2026, within a range of $25K to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLORENCE 32 is a fraction of it. The estimate fits an Arps decline curve to the production FLORENCE 32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLORENCE 32 is an estimate of value, not an offer and not an appraisal.
- How much income does FLORENCE 32 generate in a year?
- FLORENCE 32 is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLORENCE 32 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 | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 099877 |
| Wellbores | 1 |
| Reported production | 347,582 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where FLORENCE 32 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.