FIRST STATE BANK OF STRATFORD"A"
FIRST STATE BANK OF STRATFORD"A" is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Crescendo Resources, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 1998 to August 2026, totalling 363,243 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 $86K, with roughly $14K 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 600 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 2,101 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 FIRST STATE BANK OF STRATFORD"A"
- Who operates FIRST STATE BANK OF STRATFORD"A"?
- FIRST STATE BANK OF STRATFORD"A" is operated by Crescendo Resources, L.P., Railroad Commission of Texas operator number 189451.
- Where is FIRST STATE BANK OF STRATFORD"A"?
- FIRST STATE BANK OF STRATFORD"A" is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 171687.
- Is FIRST STATE BANK OF STRATFORD"A" still producing?
- FIRST STATE BANK OF STRATFORD"A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIRST STATE BANK OF STRATFORD"A" is August 2026.
- How much has FIRST STATE BANK OF STRATFORD"A" produced?
- FIRST STATE BANK OF STRATFORD"A" has reported 363,243 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1998 and August 2026, from 1 wellbore.
- How much is FIRST STATE BANK OF STRATFORD"A" worth?
- The remaining production from FIRST STATE BANK OF STRATFORD"A" is estimated to be worth about $86K in total as of 27 August 2026, within a range of $67K to $105K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIRST STATE BANK OF STRATFORD"A" is a fraction of it. The estimate fits an Arps decline curve to the production FIRST STATE BANK OF STRATFORD"A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIRST STATE BANK OF STRATFORD"A" is an estimate of value, not an offer and not an appraisal.
- How much income does FIRST STATE BANK OF STRATFORD"A" generate in a year?
- FIRST STATE BANK OF STRATFORD"A" is forecast to net about $14K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FIRST STATE BANK OF STRATFORD"A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crescendo Resources, L.P. |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 171687 |
| Wellbores | 1 |
| Reported production | 363,243 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $86K |
Where FIRST STATE BANK OF STRATFORD"A" 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.