STOUT
STOUT is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Ops Group Limited. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,608,746 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 $535K, with roughly $81K 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 3,624 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,792 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 STOUT
- Who operates STOUT?
- STOUT is operated by Ops Group Limited, Railroad Commission of Texas operator number 625128.
- Where is STOUT?
- STOUT is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 250134.
- Is STOUT still producing?
- STOUT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STOUT is August 2026.
- How much has STOUT produced?
- STOUT has reported 1,608,746 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is STOUT worth?
- The remaining production from STOUT is estimated to be worth about $535K in total as of 26 August 2026, within a range of $444K to $626K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STOUT is a fraction of it. The estimate fits an Arps decline curve to the production STOUT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STOUT is an estimate of value, not an offer and not an appraisal.
- How much income does STOUT generate in a year?
- STOUT is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STOUT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ops Group Limited |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 250134 |
| Wellbores | 1 |
| Reported production | 1,608,746 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $535K |
Where STOUT 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.