CRAFT TRUST
CRAFT TRUST is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Vintage Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 173,131 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 $37K, with roughly $10K 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 440 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 1,320 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 CRAFT TRUST
- Who operates CRAFT TRUST?
- CRAFT TRUST is operated by Vintage Petroleum, Inc., Railroad Commission of Texas operator number 886200.
- Where is CRAFT TRUST?
- CRAFT TRUST is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 132806.
- Is CRAFT TRUST still producing?
- CRAFT TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAFT TRUST is August 2026.
- How much has CRAFT TRUST produced?
- CRAFT TRUST has reported 173,131 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CRAFT TRUST worth?
- The remaining production from CRAFT TRUST is estimated to be worth about $37K in total as of 26 August 2026, within a range of $29K to $45K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAFT TRUST is a fraction of it. The estimate fits an Arps decline curve to the production CRAFT TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAFT TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does CRAFT TRUST generate in a year?
- CRAFT TRUST is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAFT TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vintage Petroleum, Inc. |
|---|---|
| Field | Gilley (Caddo Lime) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 132806 |
| Wellbores | 1 |
| Reported production | 173,131 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where CRAFT TRUST 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.