CULBERTSON -16-
CULBERTSON -16- is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2004 to August 2026, totalling 3,095,802 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 $120K, with roughly $32K 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 1,127 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 4,843 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CULBERTSON -16-
- Who operates CULBERTSON -16-?
- CULBERTSON -16- is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is CULBERTSON -16-?
- CULBERTSON -16- is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 206962.
- Is CULBERTSON -16- still producing?
- CULBERTSON -16- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CULBERTSON -16- is August 2026.
- How much has CULBERTSON -16- produced?
- CULBERTSON -16- has reported 3,095,802 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2004 and August 2026, from 1 wellbore.
- How much is CULBERTSON -16- worth?
- The remaining production from CULBERTSON -16- is estimated to be worth about $120K in total as of 26 August 2026, within a range of $100K to $140K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CULBERTSON -16- is a fraction of it. The estimate fits an Arps decline curve to the production CULBERTSON -16- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CULBERTSON -16- is an estimate of value, not an offer and not an appraisal.
- How much income does CULBERTSON -16- generate in a year?
- CULBERTSON -16- is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CULBERTSON -16- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | South Park (Strawn) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 206962 |
| Wellbores | 1 |
| Reported production | 3,095,802 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where CULBERTSON -16- 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.