PRICE ET AL - SEC 16
PRICE ET AL - SEC 16 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 February 1999 to August 2026, totalling 1,088,216 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 $235K, with roughly $36K 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 1,393 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 2,427 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 PRICE ET AL - SEC 16
- Who operates PRICE ET AL - SEC 16?
- PRICE ET AL - SEC 16 is operated by Crescendo Resources, L.P., Railroad Commission of Texas operator number 189451.
- Where is PRICE ET AL - SEC 16?
- PRICE ET AL - SEC 16 is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 172685.
- Is PRICE ET AL - SEC 16 still producing?
- PRICE ET AL - SEC 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRICE ET AL - SEC 16 is August 2026.
- How much has PRICE ET AL - SEC 16 produced?
- PRICE ET AL - SEC 16 has reported 1,088,216 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1999 and August 2026, from 1 wellbore.
- How much is PRICE ET AL - SEC 16 worth?
- The remaining production from PRICE ET AL - SEC 16 is estimated to be worth about $235K in total as of 27 August 2026, within a range of $195K to $275K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRICE ET AL - SEC 16 is a fraction of it. The estimate fits an Arps decline curve to the production PRICE ET AL - SEC 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRICE ET AL - SEC 16 is an estimate of value, not an offer and not an appraisal.
- How much income does PRICE ET AL - SEC 16 generate in a year?
- PRICE ET AL - SEC 16 is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRICE ET AL - SEC 16 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 | 172685 |
| Wellbores | 1 |
| Reported production | 1,088,216 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $235K |
Where PRICE ET AL - SEC 16 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.