ISAACS 'C' 196
ISAACS 'C' 196 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 November 2012 to August 2026, totalling 1,093,581 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 $53K, with roughly $8K 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 513 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 9,823 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 ISAACS 'C' 196
- Who operates ISAACS 'C' 196?
- ISAACS 'C' 196 is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is ISAACS 'C' 196?
- ISAACS 'C' 196 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 268834.
- Is ISAACS 'C' 196 still producing?
- ISAACS 'C' 196 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ISAACS 'C' 196 is August 2026.
- How much has ISAACS 'C' 196 produced?
- ISAACS 'C' 196 has reported 1,093,581 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is ISAACS 'C' 196 worth?
- The remaining production from ISAACS 'C' 196 is estimated to be worth about $53K in total as of 27 August 2026, within a range of $41K to $65K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ISAACS 'C' 196 is a fraction of it. The estimate fits an Arps decline curve to the production ISAACS 'C' 196 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ISAACS 'C' 196 is an estimate of value, not an offer and not an appraisal.
- How much income does ISAACS 'C' 196 generate in a year?
- ISAACS 'C' 196 is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ISAACS 'C' 196 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Mendota, NW. (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 268834 |
| Wellbores | 1 |
| Reported production | 1,093,581 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $53K |
Where ISAACS 'C' 196 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.