LAMB
LAMB is a Texas gas lease in Hutchinson County, Railroad Commission district 10, operated by Ricks Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2001 to August 2026, totalling 380,680 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 $96K, with roughly $15K 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 499 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 2,443 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 LAMB
- Who operates LAMB?
- LAMB is operated by Ricks Exploration, Inc., Railroad Commission of Texas operator number 710578.
- Where is LAMB?
- LAMB is a Texas gas lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 187271.
- Is LAMB still producing?
- LAMB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAMB is August 2026.
- How much has LAMB produced?
- LAMB has reported 380,680 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2001 and August 2026, from 1 wellbore.
- How much is LAMB worth?
- The remaining production from LAMB is estimated to be worth about $96K in total as of 27 August 2026, within a range of $75K to $117K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAMB is a fraction of it. The estimate fits an Arps decline curve to the production LAMB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAMB is an estimate of value, not an offer and not an appraisal.
- How much income does LAMB generate in a year?
- LAMB is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAMB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ricks Exploration, Inc. |
|---|---|
| Field | Lips (Cleveland) |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 187271 |
| Wellbores | 1 |
| Reported production | 380,680 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $96K |
Where LAMB 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.