FRIEND "C"
FRIEND "C" is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Amax Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 1993 to August 2026, totalling 997,069 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 $81K, with roughly $16K 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 730 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 1,477 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 FRIEND "C"
- Who operates FRIEND "C"?
- FRIEND "C" is operated by Amax Oil & Gas Inc., Railroad Commission of Texas operator number 016859.
- Where is FRIEND "C"?
- FRIEND "C" is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 144207.
- Is FRIEND "C" still producing?
- FRIEND "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRIEND "C" is August 2026.
- How much has FRIEND "C" produced?
- FRIEND "C" has reported 997,069 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1993 and August 2026, from 1 wellbore.
- How much is FRIEND "C" worth?
- The remaining production from FRIEND "C" is estimated to be worth about $81K in total as of 26 August 2026, within a range of $63K to $98K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRIEND "C" is a fraction of it. The estimate fits an Arps decline curve to the production FRIEND "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRIEND "C" is an estimate of value, not an offer and not an appraisal.
- How much income does FRIEND "C" generate in a year?
- FRIEND "C" is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRIEND "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amax Oil & Gas Inc. |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 144207 |
| Wellbores | 1 |
| Reported production | 997,069 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $81K |
Where FRIEND "C" 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.