LEDBETTER "A"

LEDBETTER "A" is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Anadarko Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2001 to August 2026, totalling 772,708 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 $138K, with roughly $21K 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 1,015 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 1,710 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 LEDBETTER "A"

Who operates LEDBETTER "A"?
LEDBETTER "A" is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
Where is LEDBETTER "A"?
LEDBETTER "A" is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 184230.
Is LEDBETTER "A" still producing?
LEDBETTER "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEDBETTER "A" is August 2026.
How much has LEDBETTER "A" produced?
LEDBETTER "A" has reported 772,708 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2001 and August 2026, from 1 wellbore.
How much is LEDBETTER "A" worth?
The remaining production from LEDBETTER "A" is estimated to be worth about $138K in total as of 26 August 2026, within a range of $115K to $162K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEDBETTER "A" is a fraction of it. The estimate fits an Arps decline curve to the production LEDBETTER "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEDBETTER "A" is an estimate of value, not an offer and not an appraisal.
How much income does LEDBETTER "A" generate in a year?
LEDBETTER "A" is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEDBETTER "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LEDBETTER "A" as filed with the Railroad Commission of Texas
OperatorAnadarko Petroleum Corporation
FieldMimms Creek (Cotton Valley Sand)
CountyFreestone County, Texas
RRC district05
Lease number184230
Wellbores1
Reported production772,708 mcf
First reported
Last reported
Estimated royalty value$138K

Where LEDBETTER "A" 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.