CRAIN
CRAIN is a Texas gas lease in Erath County, Railroad Commission district 09, operated by Cumming Company, Inc. The. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 127,928 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 $19K, with roughly $7K 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 525 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 1,311 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 CRAIN
- Who operates CRAIN?
- CRAIN is operated by Cumming Company, Inc. The, Railroad Commission of Texas operator number 194204.
- Where is CRAIN?
- CRAIN is a Texas gas lease in Erath County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 262627.
- Is CRAIN still producing?
- CRAIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAIN is August 2026.
- How much has CRAIN produced?
- CRAIN has reported 127,928 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is CRAIN worth?
- The remaining production from CRAIN is estimated to be worth about $19K in total as of 26 August 2026, within a range of $15K to $23K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAIN is a fraction of it. The estimate fits an Arps decline curve to the production CRAIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAIN is an estimate of value, not an offer and not an appraisal.
- How much income does CRAIN generate in a year?
- CRAIN is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cumming Company, Inc. The |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Erath County, Texas |
| RRC district | 09 |
| Lease number | 262627 |
| Wellbores | 1 |
| Reported production | 127,928 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19K |
Where CRAIN 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.