SWAN
SWAN is a Texas gas lease in Foard County, Railroad Commission district 09, operated by Mid-Continental Exploration,Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2000 to August 2026, totalling 82,246 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 $2K, with roughly $266 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 8 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 54 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SWAN
- Who operates SWAN?
- SWAN is operated by Mid-Continental Exploration,Inc., Railroad Commission of Texas operator number 564736.
- Where is SWAN?
- SWAN is a Texas gas lease in Foard County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 177467.
- Is SWAN still producing?
- SWAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SWAN is August 2026.
- How much has SWAN produced?
- SWAN has reported 82,246 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2000 and August 2026, from 1 wellbore.
- How much is SWAN worth?
- The remaining production from SWAN is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SWAN is a fraction of it. The estimate fits an Arps decline curve to the production SWAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SWAN is an estimate of value, not an offer and not an appraisal.
- How much income does SWAN generate in a year?
- SWAN is forecast to net about $266 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SWAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mid-Continental Exploration,Inc. |
|---|---|
| Field | Thalia (Wichita Falls) |
| County | Foard County, Texas |
| RRC district | 09 |
| Lease number | 177467 |
| Wellbores | 1 |
| Reported production | 82,246 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where SWAN 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.