RHOADES
RHOADES is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Howell & Sandlin, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 977,067 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 $3K, with roughly $405 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 16 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 1,724 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 RHOADES
- Who operates RHOADES?
- RHOADES is operated by Howell & Sandlin, Inc., Railroad Commission of Texas operator number 406000.
- Where is RHOADES?
- RHOADES is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 179189.
- Is RHOADES still producing?
- RHOADES is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RHOADES is August 2026.
- How much has RHOADES produced?
- RHOADES has reported 977,067 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is RHOADES worth?
- The remaining production from RHOADES is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHOADES is a fraction of it. The estimate fits an Arps decline curve to the production RHOADES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHOADES is an estimate of value, not an offer and not an appraisal.
- How much income does RHOADES generate in a year?
- RHOADES is forecast to net about $405 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RHOADES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Howell & Sandlin, Inc. |
|---|---|
| Field | Bethany (Travis Peak 6300, Gas) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 179189 |
| Wellbores | 1 |
| Reported production | 977,067 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where RHOADES 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.