COURSON RANCH 149
COURSON RANCH 149 is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Latigo Petroleum Texas, LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2005 to August 2026, totalling 318,014 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 $114K, with roughly $21K 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 855 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,137 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 COURSON RANCH 149
- Who operates COURSON RANCH 149?
- COURSON RANCH 149 is operated by Latigo Petroleum Texas, LP, Railroad Commission of Texas operator number 488245.
- Where is COURSON RANCH 149?
- COURSON RANCH 149 is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 212624.
- Is COURSON RANCH 149 still producing?
- COURSON RANCH 149 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COURSON RANCH 149 is August 2026.
- How much has COURSON RANCH 149 produced?
- COURSON RANCH 149 has reported 318,014 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2005 and August 2026, from 1 wellbore.
- How much is COURSON RANCH 149 worth?
- The remaining production from COURSON RANCH 149 is estimated to be worth about $114K in total as of 26 August 2026, within a range of $89K to $139K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSON RANCH 149 is a fraction of it. The estimate fits an Arps decline curve to the production COURSON RANCH 149 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSON RANCH 149 is an estimate of value, not an offer and not an appraisal.
- How much income does COURSON RANCH 149 generate in a year?
- COURSON RANCH 149 is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COURSON RANCH 149 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum Texas, LP |
|---|---|
| Field | Lips (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 212624 |
| Wellbores | 1 |
| Reported production | 318,014 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $114K |
Where COURSON RANCH 149 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.