STRADFORD GAS UNIT
STRADFORD GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Ocean Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 1,786,376 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 $228K, with roughly $34K 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 1,415 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 4,850 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 STRADFORD GAS UNIT
- Who operates STRADFORD GAS UNIT?
- STRADFORD GAS UNIT is operated by Ocean Energy, Inc., Railroad Commission of Texas operator number 617549.
- Where is STRADFORD GAS UNIT?
- STRADFORD GAS UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 185177.
- Is STRADFORD GAS UNIT still producing?
- STRADFORD GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRADFORD GAS UNIT is August 2026.
- How much has STRADFORD GAS UNIT produced?
- STRADFORD GAS UNIT has reported 1,786,376 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is STRADFORD GAS UNIT worth?
- The remaining production from STRADFORD GAS UNIT is estimated to be worth about $228K in total as of 27 August 2026, within a range of $189K to $267K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRADFORD GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STRADFORD GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRADFORD GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STRADFORD GAS UNIT generate in a year?
- STRADFORD GAS UNIT is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STRADFORD GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ocean Energy, Inc. |
|---|---|
| Field | Mimms Creek (Cotton Valley Sand) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 185177 |
| Wellbores | 1 |
| Reported production | 1,786,376 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $228K |
Where STRADFORD GAS UNIT 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.