LOPER
LOPER is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 1,682,037 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 $129K, with roughly $26K 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 1,395 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 3,938 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 LOPER
- Who operates LOPER?
- LOPER is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is LOPER?
- LOPER is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 194638.
- Is LOPER still producing?
- LOPER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOPER is August 2026.
- How much has LOPER produced?
- LOPER has reported 1,682,037 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2003 and August 2026, from 1 wellbore.
- How much is LOPER worth?
- The remaining production from LOPER is estimated to be worth about $129K in total as of 26 August 2026, within a range of $107K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOPER is a fraction of it. The estimate fits an Arps decline curve to the production LOPER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOPER is an estimate of value, not an offer and not an appraisal.
- How much income does LOPER generate in a year?
- LOPER is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOPER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Loper (Cotton Valley Lime) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 194638 |
| Wellbores | 1 |
| Reported production | 1,682,037 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $129K |
Where LOPER 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.