FINLEY
FINLEY is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Morgas. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 46,090 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 $18K, with roughly $2K 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 65 thousand cubic feet a month. Its strongest month on the record we hold was October 2025, at 171 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FINLEY
- Who operates FINLEY?
- FINLEY is operated by Morgas, Railroad Commission of Texas operator number 586560.
- Where is FINLEY?
- FINLEY is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 026389.
- Is FINLEY still producing?
- FINLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FINLEY is August 2026.
- How much has FINLEY produced?
- FINLEY has reported 46,090 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FINLEY worth?
- The remaining production from FINLEY is estimated to be worth about $18K in total as of 27 August 2026, within a range of $10K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FINLEY is a fraction of it. The estimate fits an Arps decline curve to the production FINLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FINLEY is an estimate of value, not an offer and not an appraisal.
- How much income does FINLEY generate in a year?
- FINLEY is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FINLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Morgas |
|---|---|
| Field | Panhandle, East |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 026389 |
| Wellbores | 1 |
| Reported production | 46,090 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where FINLEY 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.