MOODY ESTATE
MOODY ESTATE is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Miller Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1996 to August 2026, totalling 493,613 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 $47K, with roughly $9K 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 516 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,355 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 MOODY ESTATE
- Who operates MOODY ESTATE?
- MOODY ESTATE is operated by Miller Energy, Inc., Railroad Commission of Texas operator number 567747.
- Where is MOODY ESTATE?
- MOODY ESTATE is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 159904.
- Is MOODY ESTATE still producing?
- MOODY ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOODY ESTATE is August 2026.
- How much has MOODY ESTATE produced?
- MOODY ESTATE has reported 493,613 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1996 and August 2026, from 1 wellbore.
- How much is MOODY ESTATE worth?
- The remaining production from MOODY ESTATE is estimated to be worth about $47K in total as of 26 August 2026, within a range of $37K to $57K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOODY ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production MOODY ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOODY ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does MOODY ESTATE generate in a year?
- MOODY ESTATE is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOODY ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miller Energy, Inc. |
|---|---|
| Field | Reed, N. (Bossier SD.) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 159904 |
| Wellbores | 1 |
| Reported production | 493,613 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $47K |
Where MOODY ESTATE 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.