CROOKS "118"
CROOKS "118" is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 1,398,283 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 $290K, with roughly $45K 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 1,778 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 3,841 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 CROOKS "118"
- Who operates CROOKS "118"?
- CROOKS "118" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is CROOKS "118"?
- CROOKS "118" is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 178050.
- Is CROOKS "118" still producing?
- CROOKS "118" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROOKS "118" is August 2026.
- How much has CROOKS "118" produced?
- CROOKS "118" has reported 1,398,283 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2000 and August 2026, from 1 wellbore.
- How much is CROOKS "118" worth?
- The remaining production from CROOKS "118" is estimated to be worth about $290K in total as of 27 August 2026, within a range of $241K to $339K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROOKS "118" is a fraction of it. The estimate fits an Arps decline curve to the production CROOKS "118" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROOKS "118" is an estimate of value, not an offer and not an appraisal.
- How much income does CROOKS "118" generate in a year?
- CROOKS "118" is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CROOKS "118" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Hansford (Morrow, Upper) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 178050 |
| Wellbores | 1 |
| Reported production | 1,398,283 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $290K |
Where CROOKS "118" 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.