PIPER 719
PIPER 719 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 1,377,281 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 $241K, with roughly $41K 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 1,315 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 14,675 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 PIPER 719
- Who operates PIPER 719?
- PIPER 719 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PIPER 719?
- PIPER 719 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 198674.
- Is PIPER 719 still producing?
- PIPER 719 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIPER 719 is August 2026.
- How much has PIPER 719 produced?
- PIPER 719 has reported 1,377,281 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2003 and August 2026, from 1 wellbore.
- How much is PIPER 719 worth?
- The remaining production from PIPER 719 is estimated to be worth about $241K in total as of 27 August 2026, within a range of $200K to $282K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIPER 719 is a fraction of it. The estimate fits an Arps decline curve to the production PIPER 719 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIPER 719 is an estimate of value, not an offer and not an appraisal.
- How much income does PIPER 719 generate in a year?
- PIPER 719 is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIPER 719 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Bradford (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 198674 |
| Wellbores | 1 |
| Reported production | 1,377,281 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $241K |
Where PIPER 719 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.