CRANE UNIT #50
CRANE UNIT #50 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by ST. Johns Operating #1 L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 1999 to August 2026, totalling 421,776 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 $13K, with roughly $2K 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 155 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 1,157 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 CRANE UNIT #50
- Who operates CRANE UNIT #50?
- CRANE UNIT #50 is operated by ST. Johns Operating #1 L.P., Railroad Commission of Texas operator number 810872.
- Where is CRANE UNIT #50?
- CRANE UNIT #50 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 175709.
- Is CRANE UNIT #50 still producing?
- CRANE UNIT #50 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRANE UNIT #50 is August 2026.
- How much has CRANE UNIT #50 produced?
- CRANE UNIT #50 has reported 421,776 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1999 and August 2026, from 1 wellbore.
- How much is CRANE UNIT #50 worth?
- The remaining production from CRANE UNIT #50 is estimated to be worth about $13K in total as of 26 August 2026, within a range of $10K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRANE UNIT #50 is a fraction of it. The estimate fits an Arps decline curve to the production CRANE UNIT #50 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRANE UNIT #50 is an estimate of value, not an offer and not an appraisal.
- How much income does CRANE UNIT #50 generate in a year?
- CRANE UNIT #50 is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRANE UNIT #50 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | ST. Johns Operating #1 L.P. |
|---|---|
| Field | Higgins, South (Morrow) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 175709 |
| Wellbores | 1 |
| Reported production | 421,776 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where CRANE UNIT #50 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.