LUTT
LUTT is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 850,387 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 $104K, with roughly $18K 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 996 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 2,319 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 LUTT
- Who operates LUTT?
- LUTT is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is LUTT?
- LUTT is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 025015.
- Is LUTT still producing?
- LUTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUTT is August 2026.
- How much has LUTT produced?
- LUTT has reported 850,387 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LUTT worth?
- The remaining production from LUTT is estimated to be worth about $104K in total as of 26 August 2026, within a range of $81K to $127K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUTT is a fraction of it. The estimate fits an Arps decline curve to the production LUTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUTT is an estimate of value, not an offer and not an appraisal.
- How much income does LUTT generate in a year?
- LUTT is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 025015 |
| Wellbores | 1 |
| Reported production | 850,387 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where LUTT 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.