STATE OF TEXAS
STATE OF TEXAS is a Texas gas lease in Pecos County, Railroad Commission district 08, operated by Huntington Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from June 2005 to August 2026, totalling 1,248,223 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 $492K, with roughly $74K 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 3,292 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 9,491 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 STATE OF TEXAS
- Who operates STATE OF TEXAS?
- STATE OF TEXAS is operated by Huntington Energy, L.L.C., Railroad Commission of Texas operator number 419291.
- Where is STATE OF TEXAS?
- STATE OF TEXAS is a Texas gas lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 212329.
- Is STATE OF TEXAS still producing?
- STATE OF TEXAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE OF TEXAS is August 2026.
- How much has STATE OF TEXAS produced?
- STATE OF TEXAS has reported 1,248,223 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2005 and August 2026, from 1 wellbore.
- How much is STATE OF TEXAS worth?
- The remaining production from STATE OF TEXAS is estimated to be worth about $492K in total as of 26 August 2026, within a range of $409K to $576K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE OF TEXAS is a fraction of it. The estimate fits an Arps decline curve to the production STATE OF TEXAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE OF TEXAS is an estimate of value, not an offer and not an appraisal.
- How much income does STATE OF TEXAS generate in a year?
- STATE OF TEXAS is forecast to net about $74K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE OF TEXAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Huntington Energy, L.L.C. |
|---|---|
| Field | Athey (Cherry Canyon) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 212329 |
| Wellbores | 1 |
| Reported production | 1,248,223 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $492K |
Where STATE OF TEXAS 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.