FIRST ST BANK OF STRATFORD -B-

FIRST ST BANK OF STRATFORD -B- is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 435,598 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 $262K, with roughly $49K 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 2,073 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 4,276 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 FIRST ST BANK OF STRATFORD -B-

Who operates FIRST ST BANK OF STRATFORD -B-?: FIRST ST BANK OF STRATFORD -B- is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
Where is FIRST ST BANK OF STRATFORD -B-?: FIRST ST BANK OF STRATFORD -B- is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 246870.
Is FIRST ST BANK OF STRATFORD -B- still producing?: FIRST ST BANK OF STRATFORD -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIRST ST BANK OF STRATFORD -B- is August 2026.
How much has FIRST ST BANK OF STRATFORD -B- produced?: FIRST ST BANK OF STRATFORD -B- has reported 435,598 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
How much is FIRST ST BANK OF STRATFORD -B- worth?: The remaining production from FIRST ST BANK OF STRATFORD -B- is estimated to be worth about $262K in total as of 27 August 2026, within a range of $217K to $306K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIRST ST BANK OF STRATFORD -B- is a fraction of it. The estimate fits an Arps decline curve to the production FIRST ST BANK OF STRATFORD -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIRST ST BANK OF STRATFORD -B- is an estimate of value, not an offer and not an appraisal.
How much income does FIRST ST BANK OF STRATFORD -B- generate in a year?: FIRST ST BANK OF STRATFORD -B- is forecast to net about $49K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FIRST ST BANK OF STRATFORD -B- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FIRST ST BANK OF STRATFORD -B- as filed with the Railroad Commission of Texas
Operator	BP America Production Company
Field	Texas Hugoton
County	Sherman County, Texas
RRC district	10
Lease number	246870
Wellbores	1
Reported production	435,598 mcf
First reported	January 2009
Last reported	August 2026
Estimated royalty value	$262K

Where FIRST ST BANK OF STRATFORD -B- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.