TEAS 43
TEAS 43 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Noble Energy Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2006 to August 2026, totalling 653,094 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 $76K, with roughly $15K 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 616 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 1,912 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 TEAS 43
- Who operates TEAS 43?
- TEAS 43 is operated by Noble Energy Production, Inc., Railroad Commission of Texas operator number 611669.
- Where is TEAS 43?
- TEAS 43 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 220617.
- Is TEAS 43 still producing?
- TEAS 43 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEAS 43 is August 2026.
- How much has TEAS 43 produced?
- TEAS 43 has reported 653,094 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2006 and August 2026, from 1 wellbore.
- How much is TEAS 43 worth?
- The remaining production from TEAS 43 is estimated to be worth about $76K in total as of 26 August 2026, within a range of $60K to $93K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEAS 43 is a fraction of it. The estimate fits an Arps decline curve to the production TEAS 43 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEAS 43 is an estimate of value, not an offer and not an appraisal.
- How much income does TEAS 43 generate in a year?
- TEAS 43 is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEAS 43 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Production, Inc. |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 220617 |
| Wellbores | 1 |
| Reported production | 653,094 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $76K |
Where TEAS 43 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.