URSCHEL 73
URSCHEL 73 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 164,732 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 $519K, with roughly $108K 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 826 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 2,340 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 URSCHEL 73
- Who operates URSCHEL 73?
- URSCHEL 73 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is URSCHEL 73?
- URSCHEL 73 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278967.
- Is URSCHEL 73 still producing?
- URSCHEL 73 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for URSCHEL 73 is August 2026.
- How much has URSCHEL 73 produced?
- URSCHEL 73 has reported 164,732 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is URSCHEL 73 worth?
- The remaining production from URSCHEL 73 is estimated to be worth about $519K in total as of 27 August 2026, within a range of $405K to $633K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in URSCHEL 73 is a fraction of it. The estimate fits an Arps decline curve to the production URSCHEL 73 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for URSCHEL 73 is an estimate of value, not an offer and not an appraisal.
- How much income does URSCHEL 73 generate in a year?
- URSCHEL 73 is forecast to net about $108K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in URSCHEL 73 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 | 278967 |
| Wellbores | 1 |
| Reported production | 164,732 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $519K |
Where URSCHEL 73 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.