FARRAR 117
FARRAR 117 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 479,070 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 $798K, with roughly $169K 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 1,902 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 8,685 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 FARRAR 117
- Who operates FARRAR 117?
- FARRAR 117 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is FARRAR 117?
- FARRAR 117 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278965.
- Is FARRAR 117 still producing?
- FARRAR 117 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARRAR 117 is August 2026.
- How much has FARRAR 117 produced?
- FARRAR 117 has reported 479,070 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is FARRAR 117 worth?
- The remaining production from FARRAR 117 is estimated to be worth about $798K in total as of 27 August 2026, within a range of $663K to $934K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARRAR 117 is a fraction of it. The estimate fits an Arps decline curve to the production FARRAR 117 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARRAR 117 is an estimate of value, not an offer and not an appraisal.
- How much income does FARRAR 117 generate in a year?
- FARRAR 117 is forecast to net about $169K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FARRAR 117 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 278965 |
| Wellbores | 1 |
| Reported production | 479,070 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $798K |
Where FARRAR 117 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.