RAINS COUNTY SCHOOL LAND A/C 7
RAINS COUNTY SCHOOL LAND A/C 7 is a Texas gas lease in Hockley County, Railroad Commission district 8A, operated by Peden Energy. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 201,480 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 $106K, with roughly $20K 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 31 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 571 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RAINS COUNTY SCHOOL LAND A/C 7
- Who operates RAINS COUNTY SCHOOL LAND A/C 7?
- RAINS COUNTY SCHOOL LAND A/C 7 is operated by Peden Energy, Railroad Commission of Texas operator number 650155.
- Where is RAINS COUNTY SCHOOL LAND A/C 7?
- RAINS COUNTY SCHOOL LAND A/C 7 is a Texas gas lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 056873.
- Is RAINS COUNTY SCHOOL LAND A/C 7 still producing?
- RAINS COUNTY SCHOOL LAND A/C 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAINS COUNTY SCHOOL LAND A/C 7 is August 2026.
- How much has RAINS COUNTY SCHOOL LAND A/C 7 produced?
- RAINS COUNTY SCHOOL LAND A/C 7 has reported 201,480 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RAINS COUNTY SCHOOL LAND A/C 7 worth?
- The remaining production from RAINS COUNTY SCHOOL LAND A/C 7 is estimated to be worth about $106K in total as of 26 August 2026, within a range of $58K to $154K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAINS COUNTY SCHOOL LAND A/C 7 is a fraction of it. The estimate fits an Arps decline curve to the production RAINS COUNTY SCHOOL LAND A/C 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAINS COUNTY SCHOOL LAND A/C 7 is an estimate of value, not an offer and not an appraisal.
- How much income does RAINS COUNTY SCHOOL LAND A/C 7 generate in a year?
- RAINS COUNTY SCHOOL LAND A/C 7 is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAINS COUNTY SCHOOL LAND A/C 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Peden Energy |
|---|---|
| Field | Levelland (San Andres) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 056873 |
| Wellbores | 1 |
| Reported production | 201,480 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $106K |
Where RAINS COUNTY SCHOOL LAND A/C 7 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.