CORNERSTONE
CORNERSTONE is a Texas gas lease in Hill County, Railroad Commission district 09, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 774,373 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 $225K, with roughly $35K 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 1,532 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,203 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 CORNERSTONE
- Who operates CORNERSTONE?
- CORNERSTONE is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is CORNERSTONE?
- CORNERSTONE is a Texas gas lease in Hill County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 250222.
- Is CORNERSTONE still producing?
- CORNERSTONE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORNERSTONE is August 2026.
- How much has CORNERSTONE produced?
- CORNERSTONE has reported 774,373 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is CORNERSTONE worth?
- The remaining production from CORNERSTONE is estimated to be worth about $225K in total as of 26 August 2026, within a range of $187K to $264K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORNERSTONE is a fraction of it. The estimate fits an Arps decline curve to the production CORNERSTONE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORNERSTONE is an estimate of value, not an offer and not an appraisal.
- How much income does CORNERSTONE generate in a year?
- CORNERSTONE is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORNERSTONE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Hill County, Texas |
| RRC district | 09 |
| Lease number | 250222 |
| Wellbores | 1 |
| Reported production | 774,373 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where CORNERSTONE 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.