CULLEN-HASTEDT
CULLEN-HASTEDT is a Texas gas lease in Colorado County, Railroad Commission district 03, operated by Strand Energy, L.C. It has 1 wellbore on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 794,341 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 $795K, with roughly $201K 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 6,064 thousand cubic feet a month. Its strongest month on the record we hold was December 2023, at 24,594 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 CULLEN-HASTEDT
- Who operates CULLEN-HASTEDT?
- CULLEN-HASTEDT is operated by Strand Energy, L.C., Railroad Commission of Texas operator number 824758.
- Where is CULLEN-HASTEDT?
- CULLEN-HASTEDT is a Texas gas lease in Colorado County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 282321.
- Is CULLEN-HASTEDT still producing?
- CULLEN-HASTEDT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CULLEN-HASTEDT is August 2026.
- How much has CULLEN-HASTEDT produced?
- CULLEN-HASTEDT has reported 794,341 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2017 and August 2026, from 1 wellbore.
- How much is CULLEN-HASTEDT worth?
- The remaining production from CULLEN-HASTEDT is estimated to be worth about $795K in total as of 27 August 2026, within a range of $660K to $930K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CULLEN-HASTEDT is a fraction of it. The estimate fits an Arps decline curve to the production CULLEN-HASTEDT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CULLEN-HASTEDT is an estimate of value, not an offer and not an appraisal.
- How much income does CULLEN-HASTEDT generate in a year?
- CULLEN-HASTEDT is forecast to net about $201K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CULLEN-HASTEDT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strand Energy, L.C. |
|---|---|
| Field | Columbus (Consolidated) |
| County | Colorado County, Texas |
| RRC district | 03 |
| Lease number | 282321 |
| Wellbores | 1 |
| Reported production | 794,341 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $795K |
Where CULLEN-HASTEDT 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.