CHARLESS
CHARLESS is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Luxor Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1996 to August 2026, totalling 1,287,849 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 $204K, with roughly $35K 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 1,038 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 1,882 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 CHARLESS
- Who operates CHARLESS?
- CHARLESS is operated by Luxor Oil & Gas, Inc., Railroad Commission of Texas operator number 511780.
- Where is CHARLESS?
- CHARLESS is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 157689.
- Is CHARLESS still producing?
- CHARLESS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHARLESS is August 2026.
- How much has CHARLESS produced?
- CHARLESS has reported 1,287,849 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1996 and August 2026, from 1 wellbore.
- How much is CHARLESS worth?
- The remaining production from CHARLESS is estimated to be worth about $204K in total as of 27 August 2026, within a range of $170K to $239K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHARLESS is a fraction of it. The estimate fits an Arps decline curve to the production CHARLESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHARLESS is an estimate of value, not an offer and not an appraisal.
- How much income does CHARLESS generate in a year?
- CHARLESS is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHARLESS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Luxor Oil & Gas, Inc. |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 157689 |
| Wellbores | 1 |
| Reported production | 1,287,849 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $204K |
Where CHARLESS 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.