PRONGER
PRONGER is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Luxor Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 273,369 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 $37K, with roughly $5K 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 213 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 1,742 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 PRONGER
- Who operates PRONGER?
- PRONGER is operated by Luxor Oil & Gas, Inc., Railroad Commission of Texas operator number 511780.
- Where is PRONGER?
- PRONGER is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 214603.
- Is PRONGER still producing?
- PRONGER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRONGER is August 2026.
- How much has PRONGER produced?
- PRONGER has reported 273,369 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is PRONGER worth?
- The remaining production from PRONGER is estimated to be worth about $37K in total as of 27 August 2026, within a range of $29K to $45K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRONGER is a fraction of it. The estimate fits an Arps decline curve to the production PRONGER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRONGER is an estimate of value, not an offer and not an appraisal.
- How much income does PRONGER generate in a year?
- PRONGER is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRONGER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Luxor Oil & Gas, Inc. |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 214603 |
| Wellbores | 1 |
| Reported production | 273,369 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where PRONGER 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.