CLEVELAND
CLEVELAND is a Texas gas lease in Hood County, Railroad Commission district 7B, operated by Producers Engineering Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 377,532 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 $198K, with roughly $30K 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 1,349 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 2,090 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 CLEVELAND
- Who operates CLEVELAND?
- CLEVELAND is operated by Producers Engineering Company, Railroad Commission of Texas operator number 680185.
- Where is CLEVELAND?
- CLEVELAND is a Texas gas lease in Hood County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 102915.
- Is CLEVELAND still producing?
- CLEVELAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEVELAND is August 2026.
- How much has CLEVELAND produced?
- CLEVELAND has reported 377,532 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CLEVELAND worth?
- The remaining production from CLEVELAND is estimated to be worth about $198K in total as of 27 August 2026, within a range of $165K to $232K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEVELAND is a fraction of it. The estimate fits an Arps decline curve to the production CLEVELAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEVELAND is an estimate of value, not an offer and not an appraisal.
- How much income does CLEVELAND generate in a year?
- CLEVELAND is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CLEVELAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Producers Engineering Company |
|---|---|
| Field | Mcintosh (Strawn) |
| County | Hood County, Texas |
| RRC district | 7B |
| Lease number | 102915 |
| Wellbores | 1 |
| Reported production | 377,532 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $198K |
Where CLEVELAND 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.