LASATER 71
LASATER 71 is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Amarillo Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2009 to August 2026, totalling 1,633,836 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 $215K, with roughly $33K 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 1,408 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,014 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 LASATER 71
- Who operates LASATER 71?
- LASATER 71 is operated by Amarillo Exploration, Inc., Railroad Commission of Texas operator number 016802.
- Where is LASATER 71?
- LASATER 71 is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 254279.
- Is LASATER 71 still producing?
- LASATER 71 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LASATER 71 is August 2026.
- How much has LASATER 71 produced?
- LASATER 71 has reported 1,633,836 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2009 and August 2026, from 1 wellbore.
- How much is LASATER 71 worth?
- The remaining production from LASATER 71 is estimated to be worth about $215K in total as of 27 August 2026, within a range of $179K to $252K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LASATER 71 is a fraction of it. The estimate fits an Arps decline curve to the production LASATER 71 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LASATER 71 is an estimate of value, not an offer and not an appraisal.
- How much income does LASATER 71 generate in a year?
- LASATER 71 is forecast to net about $33K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LASATER 71 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amarillo Exploration, Inc. |
|---|---|
| Field | Spearman, East (Morrow, Upper) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 254279 |
| Wellbores | 1 |
| Reported production | 1,633,836 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $215K |
Where LASATER 71 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.