LEVERIDGE, ZELA
LEVERIDGE, ZELA is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Four Sevens Oil Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 338,135 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 $34K, with roughly $4K 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 240 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 1,132 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 LEVERIDGE, ZELA
- Who operates LEVERIDGE, ZELA?
- LEVERIDGE, ZELA is operated by Four Sevens Oil Co., Ltd., Railroad Commission of Texas operator number 280616.
- Where is LEVERIDGE, ZELA?
- LEVERIDGE, ZELA is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 177550.
- Is LEVERIDGE, ZELA still producing?
- LEVERIDGE, ZELA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEVERIDGE, ZELA is August 2026.
- How much has LEVERIDGE, ZELA produced?
- LEVERIDGE, ZELA has reported 338,135 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2000 and August 2026, from 1 wellbore.
- How much is LEVERIDGE, ZELA worth?
- The remaining production from LEVERIDGE, ZELA is estimated to be worth about $34K in total as of 27 August 2026, within a range of $26K to $41K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEVERIDGE, ZELA is a fraction of it. The estimate fits an Arps decline curve to the production LEVERIDGE, ZELA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEVERIDGE, ZELA is an estimate of value, not an offer and not an appraisal.
- How much income does LEVERIDGE, ZELA generate in a year?
- LEVERIDGE, ZELA is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEVERIDGE, ZELA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Four Sevens Oil Co., Ltd. |
|---|---|
| Field | Gilley (Conglomerate) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 177550 |
| Wellbores | 1 |
| Reported production | 338,135 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $34K |
Where LEVERIDGE, ZELA 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.