PRESCOTT
PRESCOTT is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Kerr-Mcgee Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 802,325 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 $103K, with roughly $29K 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 1,563 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 4,808 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 PRESCOTT
- Who operates PRESCOTT?
- PRESCOTT is operated by Kerr-Mcgee Corporation, Railroad Commission of Texas operator number 457780.
- Where is PRESCOTT?
- PRESCOTT is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 057766.
- Is PRESCOTT still producing?
- PRESCOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRESCOTT is August 2026.
- How much has PRESCOTT produced?
- PRESCOTT has reported 802,325 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PRESCOTT worth?
- The remaining production from PRESCOTT is estimated to be worth about $103K in total as of 27 August 2026, within a range of $85K to $120K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRESCOTT is a fraction of it. The estimate fits an Arps decline curve to the production PRESCOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRESCOTT is an estimate of value, not an offer and not an appraisal.
- How much income does PRESCOTT generate in a year?
- PRESCOTT is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRESCOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kerr-Mcgee Corporation |
|---|---|
| Field | Hemphill (Granite Wash.) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 057766 |
| Wellbores | 1 |
| Reported production | 802,325 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $103K |
Where PRESCOTT 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.