NORTH RIGGS
NORTH RIGGS is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Fagadau Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 1995 to August 2026, totalling 214,515 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 $31K, 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 137 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 327 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 NORTH RIGGS
- Who operates NORTH RIGGS?
- NORTH RIGGS is operated by Fagadau Energy Corporation, Railroad Commission of Texas operator number 257680.
- Where is NORTH RIGGS?
- NORTH RIGGS is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 153837.
- Is NORTH RIGGS still producing?
- NORTH RIGGS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH RIGGS is August 2026.
- How much has NORTH RIGGS produced?
- NORTH RIGGS has reported 214,515 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1995 and August 2026, from 1 wellbore.
- How much is NORTH RIGGS worth?
- The remaining production from NORTH RIGGS is estimated to be worth about $31K in total as of 26 August 2026, within a range of $24K to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH RIGGS is a fraction of it. The estimate fits an Arps decline curve to the production NORTH RIGGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH RIGGS is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH RIGGS generate in a year?
- NORTH RIGGS is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORTH RIGGS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fagadau Energy Corporation |
|---|---|
| Field | Riggs (Conglomerate) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 153837 |
| Wellbores | 1 |
| Reported production | 214,515 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where NORTH RIGGS 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.