MEADOWS "48"
MEADOWS "48" is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from August 1995 to August 2026, totalling 388,629 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 $29K, 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 142 thousand cubic feet a month. Its strongest month on the record we hold was April 2023, at 985 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 MEADOWS "48"
- Who operates MEADOWS "48"?
- MEADOWS "48" is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is MEADOWS "48"?
- MEADOWS "48" is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 156101.
- Is MEADOWS "48" still producing?
- MEADOWS "48" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEADOWS "48" is August 2026.
- How much has MEADOWS "48" produced?
- MEADOWS "48" has reported 388,629 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1995 and August 2026, from 1 wellbore.
- How much is MEADOWS "48" worth?
- The remaining production from MEADOWS "48" is estimated to be worth about $29K in total as of 26 August 2026, within a range of $23K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEADOWS "48" is a fraction of it. The estimate fits an Arps decline curve to the production MEADOWS "48" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEADOWS "48" is an estimate of value, not an offer and not an appraisal.
- How much income does MEADOWS "48" generate in a year?
- MEADOWS "48" 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 MEADOWS "48" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 156101 |
| Wellbores | 1 |
| Reported production | 388,629 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $29K |
Where MEADOWS "48" 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.