BAGGETT, E. G. "28"

BAGGETT, E. G. "28" is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Ricks Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2000 to August 2026, totalling 833,348 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 $57K, with roughly $9K 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 436 thousand cubic feet a month. Its strongest month on the record we hold was November 2025, at 1,175 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 BAGGETT, E. G. "28"

Who operates BAGGETT, E. G. "28"?: BAGGETT, E. G. "28" is operated by Ricks Exploration, Inc., Railroad Commission of Texas operator number 710578.
Where is BAGGETT, E. G. "28"?: BAGGETT, E. G. "28" is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 175872.
Is BAGGETT, E. G. "28" still producing?: BAGGETT, E. G. "28" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAGGETT, E. G. "28" is August 2026.
How much has BAGGETT, E. G. "28" produced?: BAGGETT, E. G. "28" has reported 833,348 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2000 and August 2026, from 1 wellbore.
How much is BAGGETT, E. G. "28" worth?: The remaining production from BAGGETT, E. G. "28" is estimated to be worth about $57K in total as of 26 August 2026, within a range of $44K to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAGGETT, E. G. "28" is a fraction of it. The estimate fits an Arps decline curve to the production BAGGETT, E. G. "28" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAGGETT, E. G. "28" is an estimate of value, not an offer and not an appraisal.
How much income does BAGGETT, E. G. "28" generate in a year?: BAGGETT, E. G. "28" is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAGGETT, E. G. "28" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BAGGETT, E. G. "28" as filed with the Railroad Commission of Texas
Operator	Ricks Exploration, Inc.
Field	Hunt-Baggett (Strawn)
County	Crockett County, Texas
RRC district	7C
Lease number	175872
Wellbores	1
Reported production	833,348 mcf
First reported	January 2000
Last reported	August 2026
Estimated royalty value	$57K

Where BAGGETT, E. G. "28" sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.