HAGELSTEIN

HAGELSTEIN is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Red Stag Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 6,388 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 $10K, with roughly $1K 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 43 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 212 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HAGELSTEIN

Who operates HAGELSTEIN?
HAGELSTEIN is operated by Red Stag Operating, LLC, Railroad Commission of Texas operator number 697118.
Where is HAGELSTEIN?
HAGELSTEIN is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 290715.
Is HAGELSTEIN still producing?
HAGELSTEIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAGELSTEIN is August 2026.
How much has HAGELSTEIN produced?
HAGELSTEIN has reported 6,388 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
How much is HAGELSTEIN worth?
The remaining production from HAGELSTEIN is estimated to be worth about $10K in total as of 27 August 2026, within a range of $5K to $14K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAGELSTEIN is a fraction of it. The estimate fits an Arps decline curve to the production HAGELSTEIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAGELSTEIN is an estimate of value, not an offer and not an appraisal.
How much income does HAGELSTEIN generate in a year?
HAGELSTEIN is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAGELSTEIN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HAGELSTEIN as filed with the Railroad Commission of Texas
OperatorRed Stag Operating, LLC
FieldOzona, NW. (Canyon)
CountyCrockett County, Texas
RRC district7C
Lease number290715
Wellbores1
Reported production6,388 mcf
First reported
Last reported
Estimated royalty value$10K

Where HAGELSTEIN 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.