DRAPER, L. M. -1041-
DRAPER, L. M. -1041- is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Samson Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 378,229 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 $32K, with roughly $6K 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 319 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 919 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 DRAPER, L. M. -1041-
- Who operates DRAPER, L. M. -1041-?
- DRAPER, L. M. -1041- is operated by Samson Resources Company, Railroad Commission of Texas operator number 745020.
- Where is DRAPER, L. M. -1041-?
- DRAPER, L. M. -1041- is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 091096.
- Is DRAPER, L. M. -1041- still producing?
- DRAPER, L. M. -1041- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRAPER, L. M. -1041- is August 2026.
- How much has DRAPER, L. M. -1041- produced?
- DRAPER, L. M. -1041- has reported 378,229 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DRAPER, L. M. -1041- worth?
- The remaining production from DRAPER, L. M. -1041- is estimated to be worth about $32K in total as of 26 August 2026, within a range of $25K to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRAPER, L. M. -1041- is a fraction of it. The estimate fits an Arps decline curve to the production DRAPER, L. M. -1041- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRAPER, L. M. -1041- is an estimate of value, not an offer and not an appraisal.
- How much income does DRAPER, L. M. -1041- generate in a year?
- DRAPER, L. M. -1041- is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRAPER, L. M. -1041- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Resources Company |
|---|---|
| Field | Mammoth Creek, North (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 091096 |
| Wellbores | 1 |
| Reported production | 378,229 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where DRAPER, L. M. -1041- 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.