CONVERSE
CONVERSE is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Mcnic Oil & Gas Midcontinent,Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 699,070 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 $170K, 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 1,179 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 1,892 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 CONVERSE
- Who operates CONVERSE?
- CONVERSE is operated by Mcnic Oil & Gas Midcontinent,Inc, Railroad Commission of Texas operator number 555469.
- Where is CONVERSE?
- CONVERSE is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 161634.
- Is CONVERSE still producing?
- CONVERSE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CONVERSE is August 2026.
- How much has CONVERSE produced?
- CONVERSE has reported 699,070 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1996 and August 2026, from 1 wellbore.
- How much is CONVERSE worth?
- The remaining production from CONVERSE is estimated to be worth about $170K in total as of 26 August 2026, within a range of $141K to $199K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONVERSE is a fraction of it. The estimate fits an Arps decline curve to the production CONVERSE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONVERSE is an estimate of value, not an offer and not an appraisal.
- How much income does CONVERSE generate in a year?
- CONVERSE 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 CONVERSE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcnic Oil & Gas Midcontinent,Inc |
|---|---|
| Field | Hansford (Morrow, Upper) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 161634 |
| Wellbores | 1 |
| Reported production | 699,070 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $170K |
Where CONVERSE 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.