TEPE
TEPE is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Cordillera Energy Prtnrs III,LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 1,013,105 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 $273K, with roughly $59K 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 1,385 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,173 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 TEPE
- Who operates TEPE?
- TEPE is operated by Cordillera Energy Prtnrs III,LLC, Railroad Commission of Texas operator number 178278.
- Where is TEPE?
- TEPE is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 266856.
- Is TEPE still producing?
- TEPE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEPE is August 2026.
- How much has TEPE produced?
- TEPE has reported 1,013,105 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2011 and August 2026, from 1 wellbore.
- How much is TEPE worth?
- The remaining production from TEPE is estimated to be worth about $273K in total as of 26 August 2026, within a range of $227K to $320K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEPE is a fraction of it. The estimate fits an Arps decline curve to the production TEPE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEPE is an estimate of value, not an offer and not an appraisal.
- How much income does TEPE generate in a year?
- TEPE is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEPE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cordillera Energy Prtnrs III,LLC |
|---|---|
| Field | Begert (10,200) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 266856 |
| Wellbores | 1 |
| Reported production | 1,013,105 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $273K |
Where TEPE 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.