ARMSTRONG DEEP
ARMSTRONG DEEP is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Wagner Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 492,743 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 $84K, with roughly $16K 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 675 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 3,227 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 ARMSTRONG DEEP
- Who operates ARMSTRONG DEEP?
- ARMSTRONG DEEP is operated by Wagner Oil Company, Railroad Commission of Texas operator number 891175.
- Where is ARMSTRONG DEEP?
- ARMSTRONG DEEP is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 235941.
- Is ARMSTRONG DEEP still producing?
- ARMSTRONG DEEP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARMSTRONG DEEP is August 2026.
- How much has ARMSTRONG DEEP produced?
- ARMSTRONG DEEP has reported 492,743 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is ARMSTRONG DEEP worth?
- The remaining production from ARMSTRONG DEEP is estimated to be worth about $84K in total as of 27 August 2026, within a range of $65K to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARMSTRONG DEEP is a fraction of it. The estimate fits an Arps decline curve to the production ARMSTRONG DEEP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARMSTRONG DEEP is an estimate of value, not an offer and not an appraisal.
- How much income does ARMSTRONG DEEP generate in a year?
- ARMSTRONG DEEP is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ARMSTRONG DEEP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wagner Oil Company |
|---|---|
| Field | Overton (Cotton Valley Sand) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 235941 |
| Wellbores | 1 |
| Reported production | 492,743 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $84K |
Where ARMSTRONG DEEP 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.