PRICE 17
PRICE 17 is a Texas gas lease in Sterling County, Railroad Commission district 08, operated by American Cometra, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 1994 to August 2026, totalling 322,012 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 $112K, with roughly $19K 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 594 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 1,067 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 PRICE 17
- Who operates PRICE 17?
- PRICE 17 is operated by American Cometra, Inc., Railroad Commission of Texas operator number 018008.
- Where is PRICE 17?
- PRICE 17 is a Texas gas lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 149612.
- Is PRICE 17 still producing?
- PRICE 17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRICE 17 is August 2026.
- How much has PRICE 17 produced?
- PRICE 17 has reported 322,012 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1994 and August 2026, from 1 wellbore.
- How much is PRICE 17 worth?
- The remaining production from PRICE 17 is estimated to be worth about $112K in total as of 27 August 2026, within a range of $88K to $137K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRICE 17 is a fraction of it. The estimate fits an Arps decline curve to the production PRICE 17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRICE 17 is an estimate of value, not an offer and not an appraisal.
- How much income does PRICE 17 generate in a year?
- PRICE 17 is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRICE 17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Cometra, Inc. |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 149612 |
| Wellbores | 1 |
| Reported production | 322,012 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $112K |
Where PRICE 17 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.