EDWARDS
EDWARDS is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Best Petroleum Explorations,Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2003 to August 2026, totalling 483,326 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 $206K, with roughly $41K 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 2,005 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 7,305 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 EDWARDS
- Who operates EDWARDS?
- EDWARDS is operated by Best Petroleum Explorations,Inc., Railroad Commission of Texas operator number 068287.
- Where is EDWARDS?
- EDWARDS is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 198777.
- Is EDWARDS still producing?
- EDWARDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDWARDS is August 2026.
- How much has EDWARDS produced?
- EDWARDS has reported 483,326 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2003 and August 2026, from 1 wellbore.
- How much is EDWARDS worth?
- The remaining production from EDWARDS is estimated to be worth about $206K in total as of 27 August 2026, within a range of $171K to $242K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDWARDS is a fraction of it. The estimate fits an Arps decline curve to the production EDWARDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDWARDS is an estimate of value, not an offer and not an appraisal.
- How much income does EDWARDS generate in a year?
- EDWARDS is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EDWARDS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Best Petroleum Explorations,Inc. |
|---|---|
| Field | JMG Mag (Miss) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 198777 |
| Wellbores | 1 |
| Reported production | 483,326 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $206K |
Where EDWARDS 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.