FORGEY
FORGEY is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 628,875 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 $21K, with roughly $11K 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 902 thousand cubic feet a month. Its strongest month on the record we hold was March 2020, at 3,755 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 FORGEY
- Who operates FORGEY?
- FORGEY is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is FORGEY?
- FORGEY is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 198455.
- Is FORGEY still producing?
- FORGEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORGEY is August 2026.
- How much has FORGEY produced?
- FORGEY has reported 628,875 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2003 and August 2026, from 1 wellbore.
- How much is FORGEY worth?
- The remaining production from FORGEY is estimated to be worth about $21K in total as of 26 August 2026, within a range of $17K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORGEY is a fraction of it. The estimate fits an Arps decline curve to the production FORGEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORGEY is an estimate of value, not an offer and not an appraisal.
- How much income does FORGEY generate in a year?
- FORGEY is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FORGEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Alpar (Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 198455 |
| Wellbores | 1 |
| Reported production | 628,875 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where FORGEY 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.