STAR
STAR is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Zinke & Trumbo, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2000 to August 2026, totalling 306,370 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 $143K, with roughly $23K 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 854 thousand cubic feet a month. Its strongest month on the record we hold was July 2021, at 2,705 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 STAR
- Who operates STAR?
- STAR is operated by Zinke & Trumbo, Inc., Railroad Commission of Texas operator number 950863.
- Where is STAR?
- STAR is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 180045.
- Is STAR still producing?
- STAR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STAR is August 2026.
- How much has STAR produced?
- STAR has reported 306,370 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2000 and August 2026, from 1 wellbore.
- How much is STAR worth?
- The remaining production from STAR is estimated to be worth about $143K in total as of 27 August 2026, within a range of $111K to $174K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STAR is a fraction of it. The estimate fits an Arps decline curve to the production STAR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STAR is an estimate of value, not an offer and not an appraisal.
- How much income does STAR generate in a year?
- STAR is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STAR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Zinke & Trumbo, Inc. |
|---|---|
| Field | Gerald (Upper Morrow) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 180045 |
| Wellbores | 1 |
| Reported production | 306,370 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $143K |
Where STAR 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.