LARKEY
LARKEY is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Redstone Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from December 1993 to August 2026, totalling 1,288,535 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 $80K, with roughly $13K 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 440 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 2,563 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 LARKEY
- Who operates LARKEY?
- LARKEY is operated by Redstone Oil & Gas Company, Railroad Commission of Texas operator number 697096.
- Where is LARKEY?
- LARKEY is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 148083.
- Is LARKEY still producing?
- LARKEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LARKEY is August 2026.
- How much has LARKEY produced?
- LARKEY has reported 1,288,535 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1993 and August 2026, from 1 wellbore.
- How much is LARKEY worth?
- The remaining production from LARKEY is estimated to be worth about $80K in total as of 27 August 2026, within a range of $63K to $98K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LARKEY is a fraction of it. The estimate fits an Arps decline curve to the production LARKEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LARKEY is an estimate of value, not an offer and not an appraisal.
- How much income does LARKEY generate in a year?
- LARKEY is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LARKEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Redstone Oil & Gas Company |
|---|---|
| Field | Follett (Morrow) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 148083 |
| Wellbores | 1 |
| Reported production | 1,288,535 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $80K |
Where LARKEY 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.