PRESCOTT
PRESCOTT is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 2,026,516 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 $36K, with roughly $22K 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 1,967 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 18,075 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 PRESCOTT
- Who operates PRESCOTT?
- PRESCOTT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is PRESCOTT?
- PRESCOTT is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 245048.
- Is PRESCOTT still producing?
- PRESCOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRESCOTT is August 2026.
- How much has PRESCOTT produced?
- PRESCOTT has reported 2,026,516 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is PRESCOTT worth?
- The remaining production from PRESCOTT is estimated to be worth about $36K in total as of 27 August 2026, within a range of $30K to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRESCOTT is a fraction of it. The estimate fits an Arps decline curve to the production PRESCOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRESCOTT is an estimate of value, not an offer and not an appraisal.
- How much income does PRESCOTT generate in a year?
- PRESCOTT is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRESCOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Hemphill (Granite Wash.) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 245048 |
| Wellbores | 1 |
| Reported production | 2,026,516 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where PRESCOTT 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.