BAYSHORE
BAYSHORE is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 638,131 thousand cubic feet. The lease is intermittent. 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 $9K, with roughly $1K 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 23 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 1,833 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BAYSHORE
- Who operates BAYSHORE?
- BAYSHORE is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is BAYSHORE?
- BAYSHORE is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024737.
- Is BAYSHORE still producing?
- BAYSHORE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BAYSHORE is August 2026.
- How much has BAYSHORE produced?
- BAYSHORE has reported 638,131 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BAYSHORE worth?
- The remaining production from BAYSHORE is estimated to be worth about $9K in total as of 26 August 2026, within a range of $5K to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAYSHORE is a fraction of it. The estimate fits an Arps decline curve to the production BAYSHORE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAYSHORE is an estimate of value, not an offer and not an appraisal.
- How much income does BAYSHORE generate in a year?
- BAYSHORE is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAYSHORE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Panhandle, West |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 024737 |
| Wellbores | 1 |
| Reported production | 638,131 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where BAYSHORE 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.